Five leading tax professionals, including HMRC's Judith Knott, took part in a roundtable discussion on UK tax competitiveness. Much of the discussion, chaired by John Overs, concerned CFC reform and the potential ‘gateway’ test to filter cases out of the regime.
The 2013 deadline for the introduction of Real Time Information, a new PAYE reporting system, will require substantive employer tax and HR systems changes, say Mark Groom and Eira Smith.
One minute with Pete Miller, partner, The Miller Partnership
Leading tax advisers have defended the role of the Worshipful Company of Tax Advisers (WCOTA), a livery company of the City of London, after an influential tax campaigner said he found the company’s links to the City and its Lord Mayor ‘ever so slightly sinister’.
MPs are set to consider whether to ‘formally call’ for Dave Hartnett to step down as HMRC’s top tax official over his handling of disputes with large companies, The Times has reported.
Dame Lesley Strathie has stepped down as HMRC’s Chief Executive due to ill health, the department has announced. She was diagnosed with cancer in July and has decided to step down to concentrate on her treatment.
Arrangements for appointing a successor will be announced shortly.
Fifty-three disclosures of tax avoidance schemes were received by HMRC in the six months to 30 September 2011. There were 131 disclosures in the financial year to 31 March 2011, and 189 in the previous year.