Panama Papers saga rages on as leaked documents surface
Corporate Finance

Panama Papers saga rages on as leaked documents surface

8y Fraser Simpson , Reporter

Panama Papers saga rages on as leaked documents su...

Portion of stolen law firm files revealed to the public, days before world leaders meet to tackle financial corruption Read More...

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UK has ‘vital role to play’ in beating tax evasion, declares Panama Papers whistleblower
Corporate Tax

UK has ‘vital role to play’ in beating tax evasion, declares Panama Papers ...

8y Fraser Simpson , Reporter

UK has ‘vital role to play’ in beating tax evasion...

Panama Papers anonymous whistleblower 'John Doe' reaches out to government authorities, and has called on global powers to 'end financial secrecy' Rea...

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Spot the claim: Sportech wins £97m in VAT battle
Corporate Tax

Spot the claim: Sportech wins £97m in VAT battle

8y Fraser Simpson , Reporter

Spot the claim: Sportech wins £97m in VAT battle

Betting firm wins latest battle in long-running case against HMRC over unpaid VAT Read More...

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Avoidance scheme crackdown sees HMRC net £494m
Administration

Avoidance scheme crackdown sees HMRC net £494m

8y Fraser Simpson , Reporter

Avoidance scheme crackdown sees HMRC net £494m

Taxman’s Counter Avoidance Directorate behind the massive increase in revenue, law firm claims Read More...

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How Brexit will change the UK tax environment
Corporate Tax

How Brexit will change the UK tax environment

8y Accountancy Age

How Brexit will change the UK tax environment

Phillip Gershuny, senior tax partner at Hogan Lovells, outlines how a European exit could affect UK taxes Read More...

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EU’s MOSS changes could see UK companies charging French VAT
Accounting Firms

EU’s MOSS changes could see UK companies charging French VAT

8y Fraser Simpson , Reporter

EU’s MOSS changes could see UK companies charging ...

London accountancy firm Blick Rothenberg warns of potential damages VAT changes could cause UK businesses Read More...

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Former PwC employees to stand trial over Luxleaks scandal
Accounting Firms

Former PwC employees to stand trial over Luxleaks scandal

8y Fraser Simpson , Reporter

Former PwC employees to stand trial over Luxleaks ...

Two PwC whistleblowers and journalist to stand trial over alleged leaking of corporate tax documents Read More...

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Government pressure driving HMRC's scatter gun approach to criminal investigations
Administration

Government pressure driving HMRC's scatter gun approach to criminal investi...

8y Accountancy Age

Government pressure driving HMRC's scatter gun app...

Governmental pressure to crack down on tax evasion is resulting in HMRC applying its criminal investigation policy in an inconsistent manner, writes K...

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Tax transparency plans adopted across Europe
Administration

Tax transparency plans adopted across Europe

8y Fraser Simpson , Reporter

Tax transparency plans adopted across Europe

UK-led beneficial ownership plans adopted in over 20 jurisdictions, including Gibraltar, Isle of Man and Montserrat Read More...

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Offshore clampdown continues as HMRC protects £365m
Administration

Offshore clampdown continues as HMRC protects £365m

8y Fraser Simpson , Reporter

Offshore clampdown continues as HMRC protects £365...

First-tier tribunal rules against Clavis Liberty Fund, over the shadowy use of dividend funds Read More...

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Bermuda falls in line with OECD tax reporting agreement
Administration

Bermuda falls in line with OECD tax reporting agreement

8y Fraser Simpson , Reporter

Bermuda falls in line with OECD tax reporting agre...

British island territory agrees to sign OECD pact on tax co-operation, which has already been signed by 31 nations Read More...

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‘Flawed’ HMRC VAT thinking costing micro business, claims ATT
Accounting Standards

‘Flawed’ HMRC VAT thinking costing micro business, claims ATT

8y Fraser Simpson , Reporter

‘Flawed’ HMRC VAT thinking costing micro business,...

Tax association is calling on HMRC to review its guidance around the VAT flat rate scheme to help SME owners Read More...

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Tax vacancies increase following transparency pressures
Administration

Tax vacancies increase following transparency pressures

8y Fraser Simpson , Reporter

Tax vacancies increase following transparency pres...

Tax vacancies rose by 11% in London and the south east during Q1 of 2016, compared to the same period last year. Read More...

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UK pressures OECD to tackle unhelpful tax jurisdictions
Administration

UK pressures OECD to tackle unhelpful tax jurisdictions

8y Fraser Simpson , Reporter

UK pressures OECD to tackle unhelpful tax jurisdic...

Nations that defy international tax agreements should be listed and punished accordingly, Osborne suggests Read More...

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PAC slams ‘woefully inadequate’ HMRC on tax fraud crackdown
Administration

PAC slams ‘woefully inadequate’ HMRC on tax fraud crackdown

8y Fraser Simpson , Reporter

PAC slams ‘woefully inadequate’ HMRC on tax fraud ...

Select committee says HMRC is making ‘limited progress’ in reducing tax fraud losses, claiming that the rich 'can get away with tax fraud' Read More...

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UK leads charge for action on beneficial ownership
Administration

UK leads charge for action on beneficial ownership

8y Fraser Simpson , Reporter

UK leads charge for action on beneficial ownership

Osborne delivers ‘another hammer blow’ to offshore tax evasion by announcing data partnership with biggest European economies Read More...

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HMRC victorious in Supreme Court film tax battle
Administration

HMRC victorious in Supreme Court film tax battle

8y Fraser Simpson , Reporter

HMRC victorious in Supreme Court film tax battle

Supreme Court rules in favour of taxman over long-running Eclipse 35 tax avoidance scheme Read More...

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CIoT welcomes government’s 'joined-up' Panama Papers investigation
Accounting Standards

CIoT welcomes government’s 'joined-up' Panama Papers investigation

8y Fraser Simpson , Reporter

CIoT welcomes government’s 'joined-up' Panama Pape...

Taxation body welcomes departmental investigation into Panama Papers, but questions government’s approach to clampdown on corporate tax evasion Read M...

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Taxman raised nearly £500m extra corporation tax from SMEs
Administration

Taxman raised nearly £500m extra corporation tax from SMEs

8y Chris Warmoll , Writer

Taxman raised nearly £500m extra corporation tax f...

Extra yield shows that the taxman has ramped up its probes into ‘soft target’ small businesses, says Top 50 firm Read More...

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Top ten firm distances itself from Blairmore Holdings connection
Accounting Firms

Top ten firm distances itself from Blairmore Holdings connection

8y Fraser Simpson , Reporter

Top ten firm distances itself from Blairmore Holdi...

Source close to firm says it had 'no involvement or control' over where controversial fund was set up Read More...

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Cameron to announce new corporate offence for tax evasion
Administration

Cameron to announce new corporate offence for tax evasion

8y Fraser Simpson , Reporter

Cameron to announce new corporate offence for tax ...

Prime minister set to make announcement on companies which encourage tax evasion, while he launches joint taskforce with HMRC to deal with Panama Pape...

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EC presents action plan to combat ‘staggering’ VAT gap
Administration

EC presents action plan to combat ‘staggering’ VAT gap

8y Fraser Simpson , Reporter

EC presents action plan to combat ‘staggering’ VAT...

European Commission present action plan designed to reboot EU VAT system, which is welcome news to VAT experts Read More...

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Cameron letter urged Europe to protect offshore tax havens
Administration

Cameron letter urged Europe to protect offshore tax havens

8y Fraser Simpson , Reporter

Cameron letter urged Europe to protect offshore ta...

Prime Minister discouraged former European council president from making offshore trusts subject to an EU tax crackdown Read More...

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Why HMRC will struggle to gain convictions from the Panama data leak
Administration

Why HMRC will struggle to gain convictions from the Panama data leak

8y Fraser Simpson , Reporter

Why HMRC will struggle to gain convictions from th...

Accountancy Age analyses the stumbling blocks that the taxman will encounter as it looks to claw back evaded tax following the Panama papers leak Read...

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HMRC confirms agreement to exit £10bn Aspire IT contract
Corporate Tax

HMRC confirms agreement to exit £10bn Aspire IT contract

8y Calum Fuller , Reporter

HMRC confirms agreement to exit £10bn Aspire IT co...

HMRC arranges final agreement in ending its Aspire IT contract with Capgemini and Fujitsu Read More...

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HMRC ups tax take from SMEs by £470m last year
Accounting Firms

HMRC ups tax take from SMEs by £470m last year

8y Chris Warmoll , Writer

HMRC ups tax take from SMEs by £470m last year

Tax take from inquiries into large businesses fell by 13%, from £4bn to £3.5bn, in the year end March 312014-15, UHY Hacker Young finds Read More...

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An 'incomprehensible and contradictory' Budget
Accounting Firms

An 'incomprehensible and contradictory' Budget

8y Richard Crump , Writer

An 'incomprehensible and contradictory' Budget

George Osborne's Budget on 16 March had no discernible theme, write Robert Maas Read More...

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