HM Treasury has published a ‘non-exhaustive list’ of changes made to draft legislation on controlled foreign companies between the February 2012 update and the Finance Bill published on 29 March.
HMRC has updated its list of concessions previously operated by the Inland Revenue.
The Chancellor has told the Daily Telegraph that he was ‘shocked’ to see that some the UK’s wealthiest people have organised their tax affairs, within the
Wealthy homebuyers have already found ‘loopholes’ to avoid paying the new top rate of stamp duty land tax, the Financial Times reported at the weekend.
‘George Osborne was left “shocked” after an analysis of the tax returns of multi-millionaires which he personally ordered found that they are exploiting loopholes to pay little or nothing at all.
Baker Tilly announced the promotion of managers Mark Abbott and Terry Oliver to the position of Director in its East Anglia tax practice.
‘Amazon tax probe in media spotlight’
‘Amazon's tax arrangements are in the spotlight this morning after national newspapers followed up The Bookseller's initial investigation.
George Osborne told journalists earlier this week that he ‘candidly conveyed’ to the Indian government his concerns over proposed changes to India’s tax code that could reopen a $2.9bn dispute with Vodafone.
Issue 47 of HMRC’s Working Together was published on 28 March and includes articles on:
HMRC’s online services will be affected by scheduled upgrades during the next two weeks. Employers using PAYE online later today may find that acknowledgements are delayed.