HMRC collects £3bn through accelerated payment notices
Personal Tax

HMRC collects £3bn through accelerated payment notices

8y Richard Crump , Writer

HMRC collects £3bn through accelerated payment not...

HMRC has collected £3bn by forcing those under investigation for tax avoidance to pay up disputed tax immediately Read More...

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Friday Afternoon Live: Apple Tax; Robot accountants; and the Top 50
Business Regulation

Friday Afternoon Live: Apple Tax; Robot accountants; and the Top 50

8y Kevin Reed , Writer

Friday Afternoon Live: Apple Tax; Robot accountant...

The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed Read More...

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Crunchers becomes the first accounting service awarded Fair Tax Mark
Accounting Firms

Crunchers becomes the first accounting service awarded Fair Tax Mark

8y Richard Crump , Writer

Crunchers becomes the first accounting service awa...

Crunchers South London, a licensee of Crunchers Accountants, has become the first accounting service in the UK to receive the Fair Tax Mark award for ...

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Fewer companies aggressively tax plan as HMRC tightens loopholes
Tax Bodies

Fewer companies aggressively tax plan as HMRC tightens loopholes

8y Richard Crump , Writer

Fewer companies aggressively tax plan as HMRC tigh...

Companies reported increased levels of scrutiny over their tax planning strategies last year as fewer FDs understand what HMRC considers as tax avoida...

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Treasury crackdown on advisers that enable tax avoidance ‘goes too far’
Tax Bodies

Treasury crackdown on advisers that enable tax avoidance ‘goes too far’

8y Richard Crump , Writer

Treasury crackdown on advisers that enable tax avo...

Plans to fine accountants, tax planners and advisers who design, market or facilitate the use of tax avoidance arrangements go ‘too far’ and risk capt...

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Accountants to face tougher tax avoidance sanctions
Tax Bodies

Accountants to face tougher tax avoidance sanctions

8y Richard Crump , Writer

Accountants to face tougher tax avoidance sanction...

Accountants and advisers who offer aggressive tax avoidance schemes are to face tougher sanctions under a new penalty regime to be announced by HM Tre...

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CIoT calls for two year delay to changes to tax relief for corporate interest expense
Corporate Tax

CIoT calls for two year delay to changes to tax relief for corporate intere...

8y Richard Crump , Writer

CIoT calls for two year delay to changes to tax re...

THE CI0T has called on the government to delay changes to tax relief for corporate interest expense to help businesses adjust to the new regime and pr...

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HMRC and Ingenious both claim victory in long-running tax avoidance dispute
Personal Tax

HMRC and Ingenious both claim victory in long-running tax avoidance dispute

8y Richard Crump , Writer

HMRC and Ingenious both claim victory in long-runn...

Ingenious Film Partners and HMRC have both claimed to have won a victory in their long-running tax dispute in a ruling which could leave many investor...

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Companies House data wiping plans will harm fight against tax avoidance, MP claims
Business Regulation

Companies House data wiping plans will harm fight against tax avoidance, MP...

8y Richard Crump , Writer

Companies House data wiping plans will harm fight ...

Companies House is considering proposals to reduce the amount of time the records of dissolved companies are retained on its database, according to re...

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HMRC outlines basic tax standard for accountants
Tax Bodies

HMRC outlines basic tax standard for accountants

8y Richard Crump , Writer

HMRC outlines basic tax standard for accountants

HMRC has published a basic set of standards it expects agents and accountants to follow in order to meet the levels of tax compliance the UK tax autho...

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New global tax rules are 'just a sticking plaster'
Tax Avoidance

New global tax rules are 'just a sticking plaster'

8y Richard Crump , Writer

New global tax rules are 'just a sticking plaster'

New international rules to tackle global tax avoidance will not work properly until tax secrecy is swept away, a report released by the All Party Parl...

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Partnerships to be caught be country-by-country reporting
Tax Avoidance

Partnerships to be caught be country-by-country reporting

8y Richard Crump , Writer

Partnerships to be caught be country-by-country re...

Partnerships are to be included as reporting entities under new country-by-country reporting adopted by the European Commission, HMRC has confirmed Re...

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HMRC defeats £30m EY tax avoidance scheme
Accounting Firms

HMRC defeats £30m EY tax avoidance scheme

8y Richard Crump , Writer

HMRC defeats £30m EY tax avoidance scheme

HMRC has defeated a tax avoidance scheme used by Greene King and marketed by EY, protecting around £30m in tax Read More...

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HMRC extends date for withdrawal of transitional relief on investment growth
Personal Tax

HMRC extends date for withdrawal of transitional relief on investment growt...

8y Richard Crump , Writer

HMRC extends date for withdrawal of transitional r...

HMRC intends to extend the date for withdrawal of transitional relief on investment growth from 30 November 2016 to 31 March 2017 Read More...

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EC plans new measures to improve tax transparency
Corporate Tax

EC plans new measures to improve tax transparency

8y Richard Crump , Writer

EC plans new measures to improve tax transparency

The European Commission said it will examine how to shed more light on tax advisers' activities and create effective disincentives for those that prom...

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Roy-Chowdhury: International tax policy should be closely aligned with the EU
Corporate Tax

Roy-Chowdhury: International tax policy should be closely aligned with the ...

8y Idris Nagri

Roy-Chowdhury: International tax policy should be ...

Osborne's tax move could influence the sensitive negotiations about the UK’s future relationship with Europe Read More...

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UK votes to leave EU – accountancy profession reacts
Accounting Firms

UK votes to leave EU – accountancy profession reacts

8y Fraser Simpson , Reporter

UK votes to leave EU – accountancy profession reac...

The accountancy world has reacted to the news that the UK has voted to leave the EU Read More...

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‘Significant recovery’ for HMRC customer service, claims boss Thompson
Administration

‘Significant recovery’ for HMRC customer service, claims boss Thompson

8y Fraser Simpson , Reporter

‘Significant recovery’ for HMRC customer service, ...

HMRC's new leader claims that customer service levels are on the up Read More...

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HRMC loses £653,000 tax battle following administration error
Administration

HRMC loses £653,000 tax battle following administration error

8y Fraser Simpson , Reporter

HRMC loses £653,000 tax battle following administr...

The government department made a very costly administration error in a letter to a tax avoidance user Read More...

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European inquiry into Panama Papers receives go-ahead
Administration

European inquiry into Panama Papers receives go-ahead

8y Fraser Simpson , Reporter

European inquiry into Panama Papers receives go-ah...

The European Parliament has given the green light on an EU investigation into the Panama Papers Read More...

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MEPs push for stricter limits against corporate tax avoidance
Administration

MEPs push for stricter limits against corporate tax avoidance

8y Fraser Simpson , Reporter

MEPs push for stricter limits against corporate ta...

MEPs call for more transparency for trust funds and foundations, common rules for “patent box” tax reductions on intellectual property earnings Read M...

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HMRC high-value tax cases drop 15%
Accounting Firms

HMRC high-value tax cases drop 15%

8y Fraser Simpson , Reporter

HMRC high-value tax cases drop 15%

The number of investigations into high-value big companies that HMRC suspect of using transfer pricing to avoid tax has fallen by 15% in a year Read M...

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HMRC taskforces raise £540m since launch
Administration

HMRC taskforces raise £540m since launch

8y Richard Crump , Writer

HMRC taskforces raise £540m since launch

HMRC taskforces have recovered more than £500m since they were launched five years ago Read More...

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EC adopts country-by-country reporting
Business Regulation

EC adopts country-by-country reporting

8y Fraser Simpson , Reporter

EC adopts country-by-country reporting

EC adopts rules on the reporting by multinational companies of tax-related information Read More...

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Google’s Paris HQ raided in tax avoidance probe
Administration

Google’s Paris HQ raided in tax avoidance probe

8y Fraser Simpson , Reporter

Google’s Paris HQ raided in tax avoidance probe

The search engine's tax affairs have come under further scrutiny following a dawn raid on its Paris offices Read More...

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KPMG receives complaints over Isle of Man controversy
Accounting Firms

KPMG receives complaints over Isle of Man controversy

8y Fraser Simpson , Reporter

KPMG receives complaints over Isle of Man controve...

The Big Four firm's Canadian arm is accused of setting up offshore tax structures in the Isle of Man Read More...

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Lycamobile structure too complex for KPMG auditors
Administration

Lycamobile structure too complex for KPMG auditors

8y Calum Fuller , Reporter

Lycamobile structure too complex for KPMG auditors

KPMG auditors unable to account for £134m of Lycamobile's assets due to company's opaque structure Read More...

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