The government has reportedly set a deadline for settling a long-running tax
dispute with City firms over unpaid tax and NICs on bonuses.
Tax authorities have been negotiating the issues, which involve special
vehicles combined with dividend payments or adjustable options, and want to
resolve them before a Special Commissioners hearing. The deadline of December 9
falls before then, the FT reported this morning.
The move follows the government’s introduction of the national insurance
contributions bill yesterday, which threatens to end avoidance on city bonuses
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