Search Results for: HMRC
Tax avoidance company threatens to sue Deloitte
June 18th, 2014
Icebreakers Management, the company behind the tax avoidance scheme used by pop band Take That, has threatened Deloitte with legal action. Icebreaker Management created the Icebreakers tax avoidance scheme which was used by Take That stars Gary Barlow, Howard ...
Essex accountant admitted VAT fraud
June 10th, 2014
An Essex accountant who sent in fake VAT returns for five years to evade nearly £100,000 and to live a lifestyle beyond his means has been ordered to pay a £47,000 confiscation order. Martin Kennedy, of High Street, Walton-on-the-Naze, ...
Switzerland informs UK over Bank Deposit Movements
June 3rd, 2014
Swiss banks were required to hand over information about deposit movements to UK authorities by May 31, 2014, to support UK efforts to track down untaxed income. This was required under an agreement between the UK and Switzerland, which ...
How much is your personal data worth?
April 22nd, 2014
British ministers are looking at changes that will allow HMRC to sell taxpayers’ data to third parties. Putting aside the privacy issues, how much is personal data worth? As this paper reported last week, ministers are considering changes in ...
Lords call for delay to LLP tax reforms
March 13th, 2014
CHANGES in the taxation of limited liability partnerships should be delayed until April 2015 in order to give firms affected an opportunity to adjust, the House of Lords Economic Affairs Committee has recommended. The government’s current intention to introduce ...