November 4, 2014
‘Remarkable progress’ made in global tax co-ordination says Osborne
Chancellor of the Exchequer George Osborne has praised the striking of an Organisation for Economic Cooperation & Development (OECD) agreement to automatically share tax information on individuals by the year...
October 30, 2014
Record HMRC Payout to Tax Dodge Whistleblowers
HM Revenue and Customs paid out a record £400,000 in 2013 to people who informed the taxman of those who were involved in tax avoidance activities. The record figure signifies...
October 28, 2014
Tax break for London NFL Team
George Osborne, Chancellor of the Exchequer, has suggested the possibility of providing tax breaks to a potential London-based American football franchise as he promised the government would do "anything it...
October 27, 2014
EU denounce Apple Irish Tax Deal
The European Commission will set out its case this week against Apple's controversial tax arrangements in Ireland. The report is part of a wider EU investigation into tax policies in...
October 24, 2014
HMRC to close 14 offices
Further cuts were announced last week by HM Revenue & Customs as the Taxman confirmed 14 of its offices will be closed by December 2015, with 690 administrative staff being...
October 21, 2014
The Tax Gap Rises Again
THE TAX GAP rose to 6.8% of total tax due in 2012/13, falling to £34bn in value, an increase on the £33bn and 6.6% shortfall of the pervious tax year....
October 9, 2014
Technology revolution begins at HMRC
A technological revolution is underway at HM Revenue & Customs, according to the its lead non-executive director. In his guest column for City AM, Ian Barlow said enhancing digital services...
September 20, 2014
Government to deliver on tax pledge for Scotland after No Vote in the Scottish independence referendum:
The Prime Minister, David Cameron has promised to "honour in full" a pledge to transfer powers over tax to the Scottish parliament. He also said that England, Wales and Northern...
September 18, 2014
Good News for small business: Penalties for late RTI payments delayed for small businesses
UK Small businesses struggling to get to grips with Real Time Information (RTI) have been granted some breathing space as penalties for late RTI PAYE returns have been pushed back...