Offshore clampdown continues as HMRC protects £365m
Administration

Offshore clampdown continues as HMRC protects £365m

9y Fraser Simpson , Reporter

Offshore clampdown continues as HMRC protects £365...

First-tier tribunal rules against Clavis Liberty Fund, over the shadowy use of dividend funds Read More...

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Bermuda falls in line with OECD tax reporting agreement
Administration

Bermuda falls in line with OECD tax reporting agreement

9y Fraser Simpson , Reporter

Bermuda falls in line with OECD tax reporting agre...

British island territory agrees to sign OECD pact on tax co-operation, which has already been signed by 31 nations Read More...

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‘Flawed’ HMRC VAT thinking costing micro business, claims ATT
Accounting Standards

‘Flawed’ HMRC VAT thinking costing micro business, claims ATT

9y Fraser Simpson , Reporter

‘Flawed’ HMRC VAT thinking costing micro business,...

Tax association is calling on HMRC to review its guidance around the VAT flat rate scheme to help SME owners Read More...

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Tax vacancies increase following transparency pressures
Administration

Tax vacancies increase following transparency pressures

9y Fraser Simpson , Reporter

Tax vacancies increase following transparency pres...

Tax vacancies rose by 11% in London and the south east during Q1 of 2016, compared to the same period last year. Read More...

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UK pressures OECD to tackle unhelpful tax jurisdictions
Administration

UK pressures OECD to tackle unhelpful tax jurisdictions

9y Fraser Simpson , Reporter

UK pressures OECD to tackle unhelpful tax jurisdic...

Nations that defy international tax agreements should be listed and punished accordingly, Osborne suggests Read More...

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PAC slams ‘woefully inadequate’ HMRC on tax fraud crackdown
Administration

PAC slams ‘woefully inadequate’ HMRC on tax fraud crackdown

9y Fraser Simpson , Reporter

PAC slams ‘woefully inadequate’ HMRC on tax fraud ...

Select committee says HMRC is making ‘limited progress’ in reducing tax fraud losses, claiming that the rich 'can get away with tax fraud' Read More...

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UK leads charge for action on beneficial ownership
Administration

UK leads charge for action on beneficial ownership

9y Fraser Simpson , Reporter

UK leads charge for action on beneficial ownership

Osborne delivers ‘another hammer blow’ to offshore tax evasion by announcing data partnership with biggest European economies Read More...

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HMRC victorious in Supreme Court film tax battle
Administration

HMRC victorious in Supreme Court film tax battle

9y Fraser Simpson , Reporter

HMRC victorious in Supreme Court film tax battle

Supreme Court rules in favour of taxman over long-running Eclipse 35 tax avoidance scheme Read More...

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CIoT welcomes government’s 'joined-up' Panama Papers investigation
Accounting Standards

CIoT welcomes government’s 'joined-up' Panama Papers investigation

9y Fraser Simpson , Reporter

CIoT welcomes government’s 'joined-up' Panama Pape...

Taxation body welcomes departmental investigation into Panama Papers, but questions government’s approach to clampdown on corporate tax evasion Read M...

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Taxman raised nearly £500m extra corporation tax from SMEs
Administration

Taxman raised nearly £500m extra corporation tax from SMEs

9y Chris Warmoll , Writer

Taxman raised nearly £500m extra corporation tax f...

Extra yield shows that the taxman has ramped up its probes into ‘soft target’ small businesses, says Top 50 firm Read More...

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Top ten firm distances itself from Blairmore Holdings connection
Accounting Firms

Top ten firm distances itself from Blairmore Holdings connection

9y Fraser Simpson , Reporter

Top ten firm distances itself from Blairmore Holdi...

Source close to firm says it had 'no involvement or control' over where controversial fund was set up Read More...

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Cameron to announce new corporate offence for tax evasion
Administration

Cameron to announce new corporate offence for tax evasion

9y Fraser Simpson , Reporter

Cameron to announce new corporate offence for tax ...

Prime minister set to make announcement on companies which encourage tax evasion, while he launches joint taskforce with HMRC to deal with Panama Pape...

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EC presents action plan to combat ‘staggering’ VAT gap
Administration

EC presents action plan to combat ‘staggering’ VAT gap

10y Fraser Simpson , Reporter

EC presents action plan to combat ‘staggering’ VAT...

European Commission present action plan designed to reboot EU VAT system, which is welcome news to VAT experts Read More...

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Cameron letter urged Europe to protect offshore tax havens
Administration

Cameron letter urged Europe to protect offshore tax havens

10y Fraser Simpson , Reporter

Cameron letter urged Europe to protect offshore ta...

Prime Minister discouraged former European council president from making offshore trusts subject to an EU tax crackdown Read More...

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Why HMRC will struggle to gain convictions from the Panama data leak
Administration

Why HMRC will struggle to gain convictions from the Panama data leak

10y Fraser Simpson , Reporter

Why HMRC will struggle to gain convictions from th...

Accountancy Age analyses the stumbling blocks that the taxman will encounter as it looks to claw back evaded tax following the Panama papers leak Read...

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HMRC confirms agreement to exit £10bn Aspire IT contract
Corporate Tax

HMRC confirms agreement to exit £10bn Aspire IT contract

10y Calum Fuller , Reporter

HMRC confirms agreement to exit £10bn Aspire IT co...

HMRC arranges final agreement in ending its Aspire IT contract with Capgemini and Fujitsu Read More...

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HMRC ups tax take from SMEs by £470m last year
Accounting Firms

HMRC ups tax take from SMEs by £470m last year

10y Chris Warmoll , Writer

HMRC ups tax take from SMEs by £470m last year

Tax take from inquiries into large businesses fell by 13%, from £4bn to £3.5bn, in the year end March 312014-15, UHY Hacker Young finds Read More...

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An 'incomprehensible and contradictory' Budget
Accounting Firms

An 'incomprehensible and contradictory' Budget

10y Richard Crump , Writer

An 'incomprehensible and contradictory' Budget

George Osborne's Budget on 16 March had no discernible theme, write Robert Maas Read More...

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US report slams OECD and BEPS initiative
Corporate Tax

US report slams OECD and BEPS initiative

10y Fraser Simpson , Reporter

US report slams OECD and BEPS initiative

Document claims that US corporate tax system is broken, and labels BEPS initiative as “costly and ineffective” Read More...

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Jail for takeaway owner who cooked his books
Corporate Tax

Jail for takeaway owner who cooked his books

10y Fraser Simpson

Jail for takeaway owner who cooked his books

Leicestershire fast food vendor jailed for 28 months for evading income tax and VAT Read More...

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HMRC rakes in £1.6bn from sin taxes
Corporate Tax

HMRC rakes in £1.6bn from sin taxes

10y Fraser Simpson

HMRC rakes in £1.6bn from sin taxes

Taxman struggling to win battle against black market, but investigations into cigarettes and alcohol are up 6% on last year Read More...

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Friday Afternoon Live: Budget 2016 reaction and analysis
Corporate Tax

Friday Afternoon Live: Budget 2016 reaction and analysis

10y Accountancy Age

Friday Afternoon Live: Budget 2016 reaction and an...

Accountancy Age correspondent Calum Fuller discusses and analyses key elements of the Budget 2016 Read More...

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Bolton settle unpaid tax bill with HMRC
Business Recovery

Bolton settle unpaid tax bill with HMRC

10y Calum Fuller , Reporter

Bolton settle unpaid tax bill with HMRC

Beleaguered Championship football club Bolton Wanderers pays off remaining £2.2m owed to taxman Read More...

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Budget 2016: ‘Generous tax environment' will attract overseas investment
Corporate Tax

Budget 2016: ‘Generous tax environment' will attract overseas investment

10y Accountancy Age

Budget 2016: ‘Generous tax environment' will attra...

Chancellor clamping down on offshore tax avoidance to enable level playing field, says Top Six tax expert Read More...

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Budget 2016: Osborne tips the scale in favour of small firms
Corporate Tax

Budget 2016: Osborne tips the scale in favour of small firms

10y Jonathan Riley

Budget 2016: Osborne tips the scale in favour of s...

Grant Thornton tax expert tackles business rates, BEPS and how the government is helping ‘sofapreneurs' Read More...

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Budget 2016: Four Budget announcements sure to help UK business
Corporate Tax

Budget 2016: Four Budget announcements sure to help UK business

10y Accountancy Age

Budget 2016: Four Budget announcements sure to hel...

Top 20 tax partner breaks down budget and explores how it's going to boost UK businesses and increase productivity Read More...

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MEPs quiz execs from Google, Apple, McDonalds and Ikea over taxes
Corporate Tax

MEPs quiz execs from Google, Apple, McDonalds and Ikea over taxes

10y Fraser Simpson

MEPs quiz execs from Google, Apple, McDonalds and ...

We've paid every cent of tax due": Apple vice-president defends tax practices Read More...

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