Barclays insisted that its tax arrangements were within ‘the letter and spirit’ of HMRC’s Code of Practice on Taxation for Banks after the government announced retrospective legislation to close two ‘highly abusive’ tax avoidance schemes.
Eversheds, the international law firm, announced the appointment of Sebastian Daly as a partner in its London real estate tax team. Daly joins from Clifford Chance.
‘In a letter to the Daily Telegraph, the bosses of small and medium sized firms across the country say the levy has meant they have not expanded their firms and taken on more workers.
A Tax Information Exchange Agreement between the UK and Grenada, signed in March 2010, entered into force on 10 January 2012.
‘Business leaders have come out in support of a proposed new weapon against aggressive tax avoidance, smoothing the way for George Osborne to advance the proposal in next month’s Budget.
Paul Johnson and Stuart Adam provide the view from the Institute for Fiscal Studies on the need for a coherent government strategy for the tax system as a whole.
Chris Sanger weighs up the practical issues facing some of the IFS Green Budget’s prescriptions for growth-enhancing tax reform.
Chris Morgan provides this month’s briefing on international matters, including the latest on FATCA developments.