The government will introduce a diverted profits tax on multinational companies who move profits generated in the UK to lower tax locations overseas.
The Smith Commission has recommended that Holyrood should take almost complete control over income tax.
HMRC and the Treasury do not keep track of tax reliefs intended to encourage particular behaviour to meet social or economic policy objectives, according to the National Audit Office.
Tax campaigners are offering small businesses free advice to help them qualify for the Fair Tax Mark (FTM), the accreditation scheme re-launched earlier this year to a mixed reception from tax
HMRC has sent more disclosure notices to accounting and legal firms over the last year, according to law firm RPC.
IR35 creates uncertainty around contractors’ tax status, according to a survey of AccountingWEB members, with 58% of respondents indicating that clients found determining employment status to b
MPs have warned that HMRC’s action against tax avoiders continues to be “unacceptably slow”, putting tax revenues at risk.
A Labour government would bring in tough penalties for people caught by the general anti-abuse rule, Ed Balls has announced.
A recent case was heard at the First-Tier Tribunal regarding the conflict between commercial decisions and tax avoidance motives (A Fisher, S Fisher, P Fisher v HMRC). It can clearly be