HMRC applying for costs against third party
Company submitting unsigned accounts
Helen Lethaby reviews the last month's developments in tax, including key measures in the Finance Bill, the new approach to tackling tax avoidance, and recent case law
‘HMRC is under fire from tax advisers for starting trials on a new clampdown on bad record keeping by SMEs without telling them. Around 1,200 SMEs are being initially targeted in a programme aimed at checking the records of 200,000 of them over the next four years …
Norton Rose announced that it is advising Glencore, the Swiss-based commodities trader, on the UK tax aspects of its upcoming initial public offering on the London and Hong Kong stock exchanges.
The London office of Hogan Lovells announced that the firm advised Kingdom Hotel Investments on its agreement to sell the Swissôtel Kunshan in China to a subsidiary of the Malaysian company TA Global Bhd. The Hogan Lovells team was led from the UAE and supported by tax colleagues in London.
HMRC have announced updates to the guidance manuals listed below.
Manuals first published on the HMRC website in March included:
Mike Gibson examines the measures in FB 2011 that were not part of the consultation
Richard Clarke and Jessica McLellan look at recent HMRC activity, including their views on the use of EBTs set out in Revenue & Customs Brief 18/11