HMRC has updated its guidance to extra statutory concessions.
‘If some tax avoidance is a fact of global competition, the challenge for firms is to protect their reputation … The awkward truth is some companies do have something to hide.
HMRC is not appealing against the first-tier tribunal decision in John Price v HMRC TC 873, reported last month.
The Finance (No. 3) Act 2010, Schedule 11 (Appointed Day) Order, SI 2011/132, appoints 25 January 2011 as the day for the coming into force of:
The National Insurance Contributions Bill completed its House of Commons stages and was read a first time in the House of Lords on 13 January. The second reading in the House of Lords is scheduled for Monday, 24 January.
The value of the retail prices index for December 2010 is 228.4.
‘Taking advantage of complex tax laws in order to reduce the individual burden is perfectly legal and has been standard practice among the super-rich for years.
More than half (57%) of small business owners responding to a survey conducted by the Forum of Private Business would be willing to pay more tax in exchange for a simplified system, and 50% would be prepared to pay more under a simplified system ‘if that system cut down on tax avoidance among the
The Value Added Tax (Buildings and Land) Order, SI 2011/86, amends VATA 1994 Sch 10 with effect from 1 March. It has two purposes.
The CIOT announced that 516 of the 1,392 candidates taking the November 2010 Chartered Tax Adviser examination made progress towards becoming a CTA, and 352 candidates have now successfully completely all modules.