Taxpayers who are not under investigation but want to admit to tax fraud may ask HMRC to consider their suitability for a new contractual disclosure facility (CDF), HMRC announced last week.
The Value Added Tax (Amendment) Regulations, SI 2012/33, amend the principal VAT regulations to extend the requirement for VAT returns to be submitted electronically.
More than 20,000 tax officers were planning to hold “lightning walkouts” today in protest against plans to “bring in private companies to do their work”, the Public and Commercial Services union announced.
HMRC has announced the death of Dame Lesley Strathie, former Chief Executive Officer, who stood down as CEO in November for health reasons. She was diagnosed with cancer earlier last year.
A tax avoidance scheme involving post-cessation trade relief under Income Tax Act 2007 s 96, which provides relief for certain payments made or events occurring after a trade has ceased, is to be blocked with effect from 12 January.
HMRC is ‘turning the corner’, a spokesman told Tax Journal today after the President of the Chartered Institute of Taxation warned that further cuts in HMRC staff numbers could inflict severe damage on the department.
Anthony Thomas considers what action is needed to help improve HMRC's relationship with the tax profession.
Predictions for 2012 from Andrew Hodge, Gary Heynes and Nick Foster-Taylor. Paul Aplin commends HMRC on its collaborative working to help improve service delivery. Francesca Lagerberg with some wishful thinking for 2012.
Looking ahead for the next 12 months, David Smith finds reasons to be concerned but also one or two arguments for some mild optimism. Plus John Hawksworth (below) considers whether the economic outlook includes modest growth or double dip.