A £200m personal tax avoidance scheme has been uncovered by HM Revenue &
The government is set to introduce legislation in the 2009 Finance Bill
effective from today to crackdown on what HMRC refers to as ‘highly contrived
An HMRC spokesman confirmed the size of the avoidance, adding that it took
just a matter of days to shut it down.
According to a statement released by HMRC, the scheme seeks to abuse tax
reliefs available for employment-related liabilities incurred by employees and
A written ministerial statement will be made to Parliament tomorrow
confirming the introduction of the new laws.
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