HMRC has worked with BASDA and independent software developers to facilitate the development of record-keeping apps that are intended to ‘help small businesses and the self-employed who are below the [£77,000] VAT threshold maintain good records and estimate what their tax liability might be’.
‘[George Osborne] described “aggressive” tax avoidance as “morally repugnant”. He was right to do so ... ‘[Cameron and Osborne] need to see through the logic of what they have started.
SMEs can now apply online to use the Alternative Dispute Resolution (ADR) facility, HMRC announced.
Applicants can expect to hear back from HMRC ‘within 30 days’. Taxpayers are invited to call HMRC instead if there are ‘exceptional circumstances which prevent you from applying online’.
HMRC has published or updated the following guidance:
Air passenger duty
HMRC has launched its business tax dashboard, an online service aimed at smaller businesses that enables the taxpayer to see the tax position across different business taxes. The service is not available to tax agents.
A tax information exchange agreement between the UK and Liberia, signed in London in November 2010, entered into force on 30 March 2012.
Setting up a company specifically to avoid tax is ‘aggressive tax avoidance’ and should be distinguished from investment in pensions or genuine start-up businesses, the Prime Minister suggested today.
Coverage in the ‘quality’ newspapers of last week’s well-attended launch of the CBI’s tax campaign appears to have been l
The question whether business pays its ‘fair share’ of tax is a perfectly legitimate one that deserves a good answer, John Cridland said at the launch of a CBI campaign to bring ‘an informed voice’ to the UK business tax debate.