Ray McCann and Cathya Djanogly review recent case law which suggests that HMRC have been applying the penalty legislation too rigidly
Tax avoidance is legal but ‘is it fair, or even moral?’ asked Clive Anderson, the broadcaster and former barrister, as he introduced a panel of tax law specialists on the BBC’s Unreliable Evidence programme, broa
'The Treasury has been condemned by an influential group of MPs for leaking important tax and benefit changes before the Budget, which they described as "corrosive of good government".
Berg Kaprow Lewis has appointed Anthony Newgrosh as a senior consultant at its tax consultancy, BKL Tax. Newgrosh joins the firm from RSM Tenon.
The government is to close with effect from 6 April 2011 an ‘unintended tax loophole’ for UK residents transferring pension savings overseas, the Treasury announced.
Revenue & Customs Brief 14/11 explains how FA 2010 Sch 10 allows for a higher penalty, of up to 200%, where people fail to declare income or gains arising offshore.
Revenue & Customs Brief 15/11 explains that HMRC have changed their approach to the operation of the FA 2007 Sch 24 para 8 ‘delayed tax’ provision.
A revised guide to concessions in use at 1 April 2011 and previously operated by the Inland Revenue has been published.
The Enactment of Extra-Statutory Concessions Order, SI 2011/1037, gives legislative effect to seven extra-statutory concessions including the ‘equitable liability’ concession.