HM Revenue & Customs is poised to clamp down on avoidance of stamp duty
in offshore property unit trusts, The Times says today.
A loophole which allows investors to put properties into offshore trusts free
of stamp duty – designed to help pension fund and life companies repackage
assets – is set to be closed, the paper says.
A Treasury spokesman is quoted as saying: ‘We keep all taxes under review.’
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