A majority of the group called for an end to member states vetoes over VAT as well as more power for the European Commission in enforcing the growth and stability pact.
Changes suggested by the group include ‘sufficient approximation of rates, minimum standards and tax bases in the area of indirect tax and company taxation to ensure the proper functioning of the single market,’ reported the Financial Times.
Accountancy Age reported last week how the government had decided not to adopt lower VAT rates on offer from an EC experiment for labour-intensive services. The majority of member states did.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay