Tax campaigners have called for the ‘immediate cancellation’ of the UK government’s tax agreement with Switzerland. The Tax Justice Network published details of ten ‘escape routes’ in the agreement, which is designed to tackle evasion by British residents using secret Swiss bank acccounts.
‘The PAYE story is a better one than when we looked at it six months ago and we welcome that – it is a better place to be in,’ the Chairman of the Commons Public Accounts Committee told David Hartnett, HMRC’s Permanent Secretary for Tax, on 17 October.
HMRC is seeking views on a possible change to the PAYE system to allow closely connected employers to be treated as a single entity for PAYE purposes.
HMRC’s top tax official has written to MPs setting out the department’s view of the law surrounding the disclosure of taxpayer information to a Parliamentary committee.
Helen Lethaby reviews the latest developments, including anti-avoidance concerning manufactured overseas dividends.
Robert Gaut and Sarah Gabbai provide a case study setting out the tax issues for a US manufacturing group which migrates its non-US operations to the UK
The tax and pensions practice at KPMG in the UK has promoted six people to partner and 23 to director with effect from 1 October.
The government has set out the number of cases prosecuted for income tax, corporation tax, VAT and excise evasion since 2006/07: