The process for UK businesses seeking to launch litigation action against HM
Revenue and Customs in recovering overpaid tax has been limited.
The measure has been outlined in the Budget consultation paper, and from
April 2010, taxpayers will be unable to sue HMRC in the High Court to reclaim
overpaid corporation, income and capital gains tax, according to
The period of time in which businesses can seek a refund has been limited to
Businesses are now being urged to pursue any outstanding claims before the
measure comes into effect.
Peter Cussons, tax partner at PricewaterhouseCoopers, said he expected a
‘surge’ of backdated claims to be filed over the coming 11 months.
Marks and Spencer, British American Tobacco and Cadbury Schweppes have all
previously launched group litigation orders against HMRC.
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
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
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