The case relates to a European Court of Justice decision in favour of German chemical company Hoechst Aktiengesellschaft. The ECJ ruled that in that case a UK corporation should not have to pay advance corporation tax (ACT) on dividends to its EU resident parent companies.
The decision opened a floodgate of claims, and over 190 company groups are seeking recompense from the UK government. The first hearings concern EU parent companies with a treaty tax credit, with Pirelli as the test case.
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