HMRC has published the terms of a new settlement opportunity o
US bank JP Morgan is getting close to reaching a £500m settlement with HMRC to pay back taxes from an offshore trust for bonus payments.
Most employers settle tribunal cases out-of-court, despite good odds of making a successful defence if pursued through the courts.
The National Audit Office (NAO) concluded that five corporate tax dispute settlements with HMRC were “all reasonable” and produced a positive outcome for the Exchequer.
The National Audit Office (NAO) will launch an investigation led by a judge into corporate tax settlements agreed by HMRC.