The Liberal Democrats have called on HM Revenue & Customs to investigate
the offshore transaction that allowed the Conservative Party to purchase its
former London headquarters.
Lord Oakeshott, the Liberal Democrat Treasury spokesman, told The
Observer, that the offshore deal was ‘not the way a political party should
behave and claimed HMRC could lose out on more than £1.2m in stamp duty.
The deal to buy the property in Smith Square and a connecting plot in Tufton
Street for £15.65m was negotiated by businessman Christopher Moran in 2005.
The party is now hoping to sell the properties for more than £30m, using
the profits to help fund the party’s election campaign
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...