HMRC is to withdraw the business entity tests (BETs) intended to help taxpayers assess whether they might be caught by the IR35 legislation, after a review conducted by the IR35 Forum found tha
The protection of limited liability is the most commonly cited reason for incorporating a business, according to research conducted by Ipsos MORI for HMRC that may be seen to add weight to call
The courts continue to find in favour of HMRC in cases involving avoidance schemes, with the most recent example being Vaccine Research Limited Partnership and another v CRC at the Upper Tribunal.
It's officially midway through the week! Let's celebrate with a celebratory desk dance and skimming over five of the day's stories.
An Oxfordshire barrister has been jailed for three years after pleading guilty to a £274,000 tax fraud.
HMRC has announced plans to cut a further 14 offices, including more than 1,000 jobs, by December 2015.
Many contractors, especially in the IT industry will currently be pondering whether or not to reach agreement with HM Revenue and Customs under their Contractor Loans Settlement Opportunity.
- ICAS: HMRC record checks are “flawed” 212,455 18
- Reasonable Excuse scorecard 2011: Taxpayers 20 HMRC 12 47,999 17
- HMRC helplines begin move to 03 numbers 31,037 19
- HMRC ‘reasonable excuse’ definition under fire 28,660 22
- Struck-off companies dodge £16bn a year 26,034 59