The taxman is ramping up efforts to foil tax evasion by sending out hundreds
of letters to those suspected of salting away money overseas.
Advisers have said clients have been in contact after HM Revenue &
Customs probed those believed to hold HSBC accounts in Switzerland.
HM Revenue & Customs said that the letters were “part of our drive
against offshore tax evasion,”
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...