The UK’s tax gap in 2012/13 was 6.8% of tax liabilities or £34bn, according to HMRC’s latest estimate.
HMRC has welcomed the upper tribunal’s decision that a university’s leaseback arrangement should be ignored for VAT purposes.
Professional services firms have a role to play in helping companies think about what is “acceptable and appropriate” in managing their tax affairs, PwC’s global chairman has said.
More taxes will be needed to contribute to deficit reduction and address “unacceptable inequalities”, business secretary Vince Cable has told the Liberal Democrats conference in Glasgow.
HMRC has published draft legislation excluding two types of persons from the definition of “promoter” for the purpose new measures intended to tackle compliance failures among a limited number
The UK and Ireland boss at one of the big four accountancy firms has sent a defiant message to George Osborne, declaring that the firm will not change its advice to US technology groups accused
Britain will “lead the world” in implementing this autumn's reforms designed to modernise the international tax system, George Osborne told the Conservative party conference yesterday.
An Irish accountant received an 18-month jail sentence, with the final 12 months suspended, for charges including fraudulent evasion of tax and failing to lodge VAT returns.
Earlier this week the union representing most HMRC staff claimed that tax evasion is costing more than £80bn a year, an estimate dismissed by HMRC.
A £2.5bn tax package will fund a transformed NHS with “time to care”, Ed Miliband has told the Labour Party conference.