The move follows a technical note published in November last year which proposed a new power to enable tax investigators, in cases where they have reasonable grounds for suspecting serious tax fraud, to apply for a judicial order requiring people to supply them with relevant documents.
It also suggested an alteration to the existing search power, which would enable those carrying out a search to obtain print-outs of material held on a computer.
A summarised outcome of the proposal is now available to download in both Adobe Acrobat PDF format or as a Microsoft Word Document.
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals