Former tax inspector, Michael Allcock, was treated to a night out gambling in Monte Carlo’s casinos by an Arab millionaire in return for wiping ...
View articleAn Inland Revenue scheme to withdraw lucrative tax breaks for educational trust school fee plans has been ditched after fierce opposition. The Revenue...
View articleEuropean fiscal affairs commissioner Mario Monti has said he expects the arrival of the European Union’s single currency to encourage cooperatio...
View articleA branded affiliation of tax advisers recruiting firms of accountants across the country is in dispute with one of its members just weeks after its of...
View articleSmaller company entrepreneurs should be encouraged to issue non-voting shares on the stock market if they are faced with a choice between losing manag...
View articleA confidential report by Coopers & Lybrand could hold the key to a string of fraud charges surrounding the troubled Jersey bank Cantrade. Retired ...
View articleInland Revenue investigators were branded ‘heavy-handed and wholly unreasonable’ by the Special Commissioners for making an incorrect #20,...
View articleAn incoming Labour Government would keep its hands off personal equity plans and TESSAs, shadow Trade and Corporate Affairs minister Stuart Bell has p...
View articleOld people will not be able to afford to provide for themselves if drastic steps are not taken to simplify the pensions tax regime and encourage priva...
View articleInland Revenue attempts to simplify the nation’s tax legislation won general approval from accountants last week. But the profession’s tax...
View articleA Budget ‘wish list’ from Coopers & Lybrand calls on the Chancellor to back UK businesses and entrepeneurs. Coopers’ demands are...
View articleA major VAT loophole for telecommunications users and providers will be closed by the European Commission before the end of the year. Alarm bells star...
View articleEurope could be the final battlefield for the three-year rule on VAT repayments after a report commissioned by Deloitte & Touche revealed major le...
View articleThe Inland Revenue has failed to clarify its policy on the operation of the Mutual Agreement Procedure (MAP) under new transfer pricing guidelines iss...
View articlePrivate sector involvement in the Inland Revenue’s tax simplification project must be boosted to make the law rewrite a success, claims the Engl...
View articleCoopers & Lybrand has been forced to completely rethink its strategy on opening a UK law firm following the shock departure of almost the entire t...
View articleThe Government is being urged to launch a 30-year programme to fund its #1,210bn pensions liability and all future pension commitments. The proposal w...
View articleThe Inland Revenue has been defeated in its attempt to limit the scope of tax deductions in the hotel trade following an appeal to the special commiss...
View articleA scheme to avoid paying corporation tax on a $20m (#12.8m) company sale has been outlawed by the Special Commissioners. The commissioners’ deci...
View articleUK companies could significantly reduce their tax bills by re-routing the bulk of their group financing through Dutch holding companies. The law, pass...
View articleThe Inland Revenue has been forced to pay compensation for more than three years of mistakes in computing an individual’s tax liability. The Omb...
View articleExamples of simplified sections of UK tax law have been welcomed by accountants. The Inland Revenue has published drafts of reworked legislation desig...
View articleA former Inland Revenue tax inspector has denied accepting bribes, including cash payments of more than #14,000 and holidays, from two taxpayers. Mich...
View articleCompanies will soon be able to obtain tax and National Insurance forms through their computer systems. Public services minister, Roger Freeman announc...
View articleLabour is considering plans to switch VAT from transactions to turnover for small businesses. The proposals from the Forum of Private Business were br...
View articleButte Mining has narrowly avoided becoming the first company to be taken to court by the Financial Reporting Review Panel, after agreeing to the watch...
View articleThe Inland Revenue’s treatment of employment termination payments is unlikely to change after a subsidiary of the former Thorn EMI group lost a ...
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