The UK/Turks and Caicos Islands tax information exchange arrangement entered into force on 25 January 2011, HMRC announced.
The Independent Police Complaints Commission is seeking views on its proposed guidance to HMRC on the handling of serious allegations about HMRC offficers.
HMRC’s VAT online service will be unavailable between 7am on Monday 4 April and 6am on Wednesday 6 April, HMRC announced last week. Taxpayers will not be able to file VAT returns, set up direct debits or view accounts online.
The government’s efforts to tackle tax avoidance are ‘quite understandable’ but evasion and other criminal activity have a ‘far greater’ impact than legal avoidance, tax experts said in response to a new paper setting out the government’s anti-avoidance strategy.
The Treasury is consulting on possible steps to accelerate the ‘rebalancing’ of the Northern Ireland economy through the tax system.
The main option is to allow Northern Ireland to vary corporation tax rates, the Treasury said, to enable it to attract and expand private investment.
Your impartial, need-to-know guide - plus links to all our detailed analysis (see end of article)
A selection of views from tax experts, in no particular order, on the Budget 2011 proposals
William Watson identifies the missing piece of the jigsaw to simplify the tax code and improve certainty
The Capital Gains Tax (Annual Exempt Amount) Order, SI 2011/899, specifies £10,600 as the exempt amount for 2011/12 by virtue of TCGA 1992 s 3, unless Parliament otherwise determines.
The Value Added Tax (Consideration for Fuel Provided for Private Use) Order, SI 2011/898, substitutes a new Table A in VATA 1994 s 57(3).