A survey of tax agents on the filing of self assessment tax returns will remain open until midnight on Sunday, 28 November, the CIOT has said.
The Treasury Committee has launched an inquiry into the principles which should underpin the UK tax policy, a fortnight after the Office for Tax Simplification revealed that the system has more than 1,000 reliefs.
Calls for a new accounting standard requiring country by country reporting reflect a lack of public trust in corporate behaviour, PwC said as it revealed that Vodafone had been ‘highly commended’ for transparency in tax reporting.
The National Insurance Contributions Bill completed its second reading in the House of Commons on 23 November and was committed to a Public Bill Committee, which is scheduled to conclude its consideration of the Bill by 9 December.
The current Finance Bill completed its second and third readings in the House of Lords on 22 November.
John Whiting on the OTS reliefs review
Richard Clarke and Jennifer Knowlson provide an update on discovery assessments including the impact of Lansdowne
Corporate tax reforms need to strike the right balance between revenue protection and competitiveness, PwC said ahead of the release – which the firms expects to see this week – of a discussion document on corporate tax and controlled foreign companies reform.
The Government will publish responses to formal consultation on corporate capital gains, furnished holiday lettings and tax policy making on 9 December, when it expects to publish draft clauses planned for Finance Bill 2011, the Treasury has confirmed.
HMRC is seeking stakeholders’ help in its ‘drive for greater transparency’.