The use of hypothecated taxation has its critics, writes Sam Mitha CBE (formerly HMRC), but could it be the best way of solving the funding crisis facing the NHS?
HMRC is consulting until 20 June 2018 on proposals for tackling avoidance and evasion through abuse of the insolvency regime, including phoenixism.
Analysis by the CBI of data published by the Office for National Statistics has found that businesses paid £186bn in taxes in 2017/18, amounting to 27% of all tax revenue.
HMRC has accepted shares in Carillion plc as having negligible value with effect from 15 January 2018, for the purposes of a claim under TCGA 1992 s 24(2).
HMRC’s ATED online service suffered a failure on 11 April which might have caused some returns saved online in draft on or before that date to be lost.
The government has laid three draft orders, which will bring into force amendments to double tax treaties with Ukraine, Belarus and Mauritius.
The current Bulgarian presidency of the EU Council has put forward a number of alternative approaches to calculating the EU common corporate tax base (CCTB), inviting member states to evaluate the impacts on their national tax revenues, before tackling the more controversial issue of consolidatio
The Irish government and Apple have signed an ‘escrow framework deed’ setting up the account into which Apple will pay the estimated €13bn in tax and interest Ireland will have to recover, should the Court of Justice uphold the European Commission’s decision on illegal state aid.