David Mills, the tax lawyer husband of Tessa Jowell, wanted to use his wife’s
name to deflect the attention of HM Revenue & Customs, it has emerged.
The Sunday Times reported at the weekend on details of Mills’ settlement with
HMRC over his controversial £350,000 payment from an Italian businessman, citing
minutes of a meeting between Mills and his accountant it had obtained.
Mills failed to disclose the payment to the taxman for three years, and when
he did settle, paid only a 30% fine and escaped prosecution.
The relatively lenient treatment was condemned at the weekend by leading
figures from the tax world. ‘This is a very low penalty rate which others would
never have got away with,’ Mike Warburton of Grant Thornton said.
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...