HMRC

vat

Number of businesses EU VAT rules affect ‘underestimated’

22/04/2015(0)
HMRC’s underestimation of the number of small businesses affected by the new VAT EU rules on the supply of business to customer digital services caused thousands to struggle with ... Read More
tax post

UK Offshore Tax Disclosures – Use The LDF while you can [Update]

24/03/2015(0)
Tax authorities around the globe are increasingly working together to fight tax evasion and aggressive tax avoidance to collect more tax. In the UK, HMRC is geared up to ... Read More
OSBORNE

Osborne announces the death of the annual tax return & the April 4th panic

18/03/2015(0)
Instead HM Revenue and Customs will automatically collate the tax affairs of millions of Britons from employers, banks and investment firms into a single “digital” tax account which can ... Read More
HMRC

HMRC issues almost £100m in tax return penalties

11/03/2015(0)
Tax payers could find themselves with a daily penalty increase if they continue to fail to submit their return HMRC has issued 890,000 people with a £100 penalty fine ... Read More
BDO

UK – Offshore Tax Disclosures – Use The LDF while you can

09/03/2015(0)
Tax authorities around the globe are increasingly working together to fight tax evasion and aggressive tax avoidance to collect more tax. ... Read More
HMRC1

HMRC confirms HSBC Suisse bank data can now be shared

26/02/2015(0)
HMRC‘s Chief Executive, Lin Homer, today announced in a Treasury Select Committee hearing that the French authorities have formally agreed that HMRC can share stolen HSBC Suisse customer account ... Read More
fatca

FATCA registration guidance updated to publicise time lag

26/02/2015(0)
HMRC has updated its Foreign Account Tax Compliance Act (FATCA) registration guidance to inform of the time lag between registration and reporting FATCA requires financial institutions (FIs) outside the ... Read More
accountant

Accountants could face tax evasion charges

25/02/2015(0)
The chief secretary to the Treasury, Danny Alexander, has called for organisations including accountants, to be prosecuted if they facilitate tax evasion by their clients. The Lib-Dem minister wants to ... Read More
PWC logo on building

PwC rejects Margaret Hodge’s claims that it promotes “tax avoidance on an industrial scale”

06/02/2015(0)
PwC has rejected the findings of the Public Accounts Committee, which has accused the financial services firm of promoting “tax avoidance on an industrial scale”. The committee, led by ... Read More
acca-global_accounting

Better Late Than Never For Tardy Tax Returns

03/02/2015(0)
ACCA’s head of taxation, Chas Roy-Chowdhury, gives his advice on what to do if you’ve missed the deadline for self-assessment which was 31 January The deadline for self-assessment may ... Read More
Broker Cyprus TopFX