The project will see the opening of a new teaching centre for tax officials in the provincial town of Novi Sad, which will aim to train 1,000 officials in the next 15 months. Three other centres around Serbia will also open.
The tax centres will provide information to the public on the role of the taxpayer in what is one of the last eastern European countries to adopt the standard western liberal capitalist model.
The EU programme ðadministered by the European Agency for Reconstruction (EAR) ð will also upgrade 160 offices of Serbia’s tax authority, supplying IT equipment and work management software.
At the Novi Sad opening ceremony, EAR Belgrade chief Adriano Martins said: ‘Although tax is not always very popular with the public, it remains an essential source of funds for education, health and other public services. The [Serb] government has made reforming the tax system a clear priority.’
Tax evaders are set to face tough new sanctions under plans detailed by HM Revenue and Customs (HMRC) today
HMRC has outlined a change in VAT policy to the treatment of dwellings that have been formed from either the construction of new buildings, or from the conversion of non-residential buildings
I will feel slightly awkward when I write to the client who is about to receive a large invoice from the PAYE expert, offering him the fee protection going forward
Plans to fine accountants, tax planners and advisers who design, market or facilitate the use of tax avoidance arrangements go ‘too far’ and risk capturing traditionally accepted tax planning