The OECD has urged all countries to sign up to a revised international convention designed to help counter cross-border tax evasion.
Carpenter Box, the Worthing-based firm of chartered accountants, announced the appointment of Rachel Pearce, the UK’s youngest Chartered Tax Adviser at the age of 21, as Tax Manager.
The UK has been ranked behind five major competitors on personal and business taxation, according to a Populus poll for The Times in which voters were asked to rate the UK’s ‘performance’ in terms of ‘the level of personal taxation’ and ‘the level of taxes on wealth creation’.
HMRC have flagged the 31 July deadline for renewal of tax credits claims and warned that claims will be examined ‘particularly closely’ as part of a clampdown on tax credit error and fraud.
HMRC’s stamp taxes online service will be unavailable from midnight on Friday 24 June to 7.00 am on Monday 4 July, due to a scheduled upgrade of the IT system.
HMRC are seeking views on the design of a new penalty framework to ‘modernise or align’ more than 300 civil penalties across a range of taxes.
HMRC’s consultation document ‘A new incentive for charitable legacies’ has been amended to correct an error in example 7 on page 20.
Simon Groom with your refresher guide to the rules