Hedge fund managers are being closely scrutinised by HM Revenue &
Customs amid suggestions of a crackdown.
The Financial Times says today that the practice of channeling
management fees to offshore jurisdictions is being examined. The fees, for
marketing or other services, have to be justified by being paid for at
HM Revenue & Customs neither confirmed nor denied that it was increasing
its scrutiny of hedge funds, according to the report.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states