A complicated tax avoidance scheme involving the sale of shares in Anglia Water Group from Scottish to Irish trusts and then to a large investment bank did not work, a tribunal has ruled.
In this month's episode of TAXtv Neil Warren covers the most recent news in VAT including explaining the latest Europ
HMRC has lost a legal appeal to stop an Aberdeenshire farming business reclaim VAT of more than £1m on its purchase of rights to a subsidy scheme for farmers in the European Union.
An UK law exempting organisations from VAT on education and training is "defective" and needs to be brought in line with EU Law, said Grant Thornton in response to a Court of Appeal de
Britain’s Supreme Court has rejected a multimillion pound legal appeal case brought by Eclipse Film partners against HMRC over a film scheme.
The International Accounting Standards Board (IASB) has published final changes to an accounting rule for when and how companies account for revenue from customer contracts.
HMRC is not entitled to charge income tax for employees of a fuel supplier that leased cars from their employee at their market value in an "arms length" arrangement, the Court of Appeal has ru
The upper tribunal has dismissed an appeal made by an accounting firm for costs against HMRC after it was fined for “dishonest conduct”.
An insolvency practitioner has been jailed for three years and six months for conspiracy to defraud after a 10-year investigation.
HMRC has warned taxpayers about tax avoidance schemes marketed to individuals and businesses claiming to be legitimate tax planning.