‘Up to ten companies are facing a judge-led investigation into their tax settlements amid growing concern over the way Revenue & Customs polices the City.
Recruitment for HMRC's voluntary advance assurance pilot has closed due to a high demand for limited places. The specialist R&D relief units continue to offer support and assistance, and will be happy to answer any questions about R&D relief claims, HMRC said.
Stuart McKinnon, a Partner in Baker Tilly, has been appointed as the new President of the Association of Taxation Technicians. The appointment follows the resignation of Andrew Meeson in October.
Dave Hartnett will retire from HMRC next summer, HMRC said on Friday as it announced that Lin Homer is to succeed Lesley Strathie as Chief Executive.
Responses to a recent consultation indicated that tax agents generally supported HMRC's proposals for enrolment and welcomed the ability to ‘self serve’, HMRC said.
HMRC has published guidance to help employers improve data quality in readiness for the introduction of Real Time Information. More than 80% of data quality problems are caused by holding incorrect information about an employee's name, date of birth or national insurance number, HMRC said.
Taxpayers preparing to file their self-assessment tax return online for the first time will need to register in good time for the 31 January deadline, HMRC said.
HMRC is seeking evidence of the potential impact of withdrawal of five tax reliefs currently provided by concession. Data is requested by 30 November 2012.