The Treasury claimed it has been possible to exclude the effect of the
nationalisation of Northern Rock from this year’s balance sheet because it is
still awaiting a formal ruling from the Office of National Statistics.
But officials made it clear that UK fiscal policy will not be determined on
the basis of debt figures resulting from an event which would have no long term
effect. Alistair Darling said that would ‘make no sense’.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed