A measure to prevent the acceleration of first year allowances will take effect from 12 August 2011 or earlier, rather than next April, because of evidence that the delay could result in the loss of ‘significant revenue’.
Wealthy businessmen who engage in large-scale legal tax avoidance face ethical questions just as much as do young looters, a leading political journalist has claimed.
HMRC have announced a single helpline number for people and businesses affected by this week's riots in English cities, and have offered to help taxpayers who have lost records or miss deadlines.
The economy has hit a soft patch, only partly because of special factors, making it harder for the government to reduce the budget deficit. David Smith investigates
The Bribery Act 2010 took effect on 1 July. Jason Collins examines its impact for Tax Directors and the interaction with the SAO rules
More than 600 tax enquiries targeting people in the plumbing industry will be under way by the time the Plumbers Tax Safe Plan disclosure opportunity closes at the end of this month, HMRC have warned.
The OECD announced the appointment of Pascal Saint-Amans as Director of the Centre for Tax Policy and Administration. He will take up his duties in February 2012 on the retirement of Jeffrey Owens. Saint-Amans became Head of the OECD’s Global Forum Division in October 2009.
‘The implications of cutting Scotland's rate of corporation tax are "highly complex", PwC warned as the Scottish government prepares to consult on devolving the tax to Scotland. PwC said it was essential to examine the effects of cuts in Northern Ireland ...