Switzerland’s has made ‘rapid progress’ to implement a commitment to the internationally agreed standard on exchange of information for tax purposes, the OECD reported.
An HMRC consultation on whether continued publication of statistics relating to ‘time to pay’ arrangements would provide value for money failed to attract a single response from members of the public, other external parties or public bodies.
‘Thousands of British clients of HSBC who stashed money in Switzerland are to have their financial affairs probed by the taxman … HMRC has obtained the names and account details of 7,000 HSBC customers from a whistleblower …
HM Treasury is recruiting a permanent Chairman and Tax Director for the Office of Tax Simplification. Michael Jack and John Whiting were appointed to lead the OTS on a temporary basis when it was established last year.
HMRC have published draft, updated guidance, together with minutes of the 4 April meeting of the Research & Development Consultative Committee.
The drive for individuals to provide services through intermediaries comes from a number of different parties including employers, end clients and employment agencies, members of the IR35 Forum noted at the Forum’s inaugural meeting.
HMRC have agreed to delay the start of their ‘single compliance process’ pilot for enquiries across a range of taxes, in order to allow the department to produce detailed guidance for agents, the ICAEW Tax Faculty said.
Jason Collins asks whether the Tribunal in Parissis came to the right conclusion on when a document is within a person’s ‘power’
The Public Bill Committee on the Finance Bill will meet again on 7 June, when it is expected to consider clause 46 and Sch 11 (pre-entry losses).