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HMRC

HMRC1

HMRC launches new FATCA online service

16/10/2014(0)
HMRC has launched a new online service for UK financial institutions to register and report financial information on behalf of their US clients. In 2010, the US passed the ... Read More
tax accounting

Role of courts in tax disputes under threat, warns Institute President

15/10/2014(0)
The ability of taxpayers who dispute how much tax they owe to turn to the court system for a ruling, is under threat, the President of the Chartered Institute ... Read More
tax

Revenue & Customs set to miss target for prosecution of tax evaders

13/10/2014(0)
Tax authority set a target of 1,165 people a year by 2014/15, but analysis of the last tax year shows it prosecuted just 795. HM Revenue and Customs has ... Read More
accounting

Tax debts regulations ( UK pounds)

09/10/2014(0)
Regulations introducing a graduated scale for recovery of tax and tax credit debts through a taxpayer’s PAYE code have been laid before Parliament. The measures, introduced following consultation, will ... Read More
HMRC

HMRC hails VAT ruling against university

07/10/2014(0)
HMRC has welcomed the Upper Tribunal’s decision that a university’s leaseback arrangement should be ignored for VAT purposes. The Upper Tribunal allowed HMRC’s appeal against a First-tier Tribunal decision ... Read More
toronto-tax-litigation-lawyers

Financial crisis a reason for late tax payment

18/09/2014(0)
Sometimes bad economic news can be good news for taxpayers. A judge has ruled that the recession was a reasonable excuse for a family business to not pay a ... Read More
Legal letter

CEO of tax specialist cleared of wrongdoing after HMRC climb down

15/09/2014(0)
The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue ... Read More
scotland

Scottish tax: Can meltdown be avoided?

12/09/2014(0)
When Scottish electors cast their votes in the independence referendum on 18 September, a ‘no’ outcome would result in greater devolution of tax powers to Holyrood. By contrast, a ... Read More
tax

Accountants warn against eBay tax evasion

08/09/2014(0)
Accountancy firm Baker Tilly has warned people trading on eBay about tax evasion after a man was jailed for two years for failing to declare income from online sales. ... Read More
HMRC1

HMRC plans to break up multi-billion IT contract

01/09/2014(0)
A plan by HMRC to split its multi-billion pound IT contract into smaller parts may worsen the service, the Public and Commercial Services (PCS) Union has said. The Times ... Read More
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