TS LIKES NOTHING BETTER than going for a lovely lunch, so when the CIoT invited us to the annual President’s Reception at the rather auspicious Savoy, we didn’t need asking twice.
And while TS did, as expected, have an excellent time and thoroughly enjoyed the food on offer, it seems safe to assume at least one table at the function was a more frosty affair, populated as it was by Public Accounts Committee chair Margaret Hodge, HMRC bods including chief executive Lin Homer and head of business tax Jim Harra, with CIoT president Stephen Coleclough and OTS director John Whiting in the middle.
Of course, TS can only speculate, but it seems safe to assume Whiting – who claimed the CIoT’s Council Award on the day – will have played the role of referee.
Thankfully, TS was party to no such tribulations and was able to enjoy the lamb in peace, just as it should be.
CIot urges HMRC to consider a delay to the 1 September 2017 introduction of its new corporate offence of failure to prevent the criminal facilitation of tax evasion
HMRC intends to extend the date for withdrawal of transitional relief on investment growth from 30 November 2016 to 31 March 2017
The current business rates system is over-complex and reform is needed, but reforms should focus first of all on simplifying the appeals process, particularly for businesses which are subject to business rates exemption
The CIoT has called on the government to rethink its approach to ensuring online sellers pay the correct amount of VAT.