With the third anniversary of the creation of the Tax Chamber of the First-tier Tribunal fast approaching, Judge Colin Bishopp reviews what has been achieved and what may be done in the future.
John Endacott highlights key developments in the private client tax arena.
Lawyers acting for a group seeking to challenge a settlement reached between HMRC and Goldman Sachs have told the department that its ‘ongoing delay’ in dealing with the claim is ‘unacceptable’.
Saffron Tax Partners LLP announced the acquisition of Kleinwort Benson’s private client tax compliance business. The Kleinwort Benson team will be integrated into Saffron’s City-based team.
HMRC has issued a ‘final warning’ to 2,500 health professionals that if they do not come forward within 21 days HMRC will ‘make a determination’ or refer them for possible criminal investigation, the Chartered Institute of Taxation said.
The 'final' version of HMRC’s guidance on the Bank Levy has been published.
A new team of ‘highly-skilled offshore analysts, technical tax experts and experienced investigators’ will work to ‘identify and pursue’ those who hide income and capital in offshore accounts to avoid UK taxes, HMRC announced.
HMRC has announced updates to the following VAT notices during the past month:
HMRC has set out in CAP 1 how non-business customers, or customers with a query about non-business activities, can obtain advice about HMRC's interpretation of recent tax law.