Newcastle United tax probe: High Court rules in favour of HMRC
Tax Avoidance

Newcastle United tax probe: High Court rules in favour of HMRC

7y Accountancy Age

Newcastle United tax probe: High Court rules in fa...

Newcastle United football club has lost a challenge in the High Court over the legality of HMRC’s seizure of documents as part of raids of club premis...

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Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay
Corporate Tax

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

7y Accountancy Age

Big names, little tax: Airbnb, Facebook, Kellogg’s...

Global corporations are under increasing scrutiny over how much corporation tax they pay. So who are the latest big names hitting the headlines over t...

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Amazon ordered to pay €250m in back taxes by the EC
Tax Avoidance

Amazon ordered to pay €250m in back taxes by the EC

7y Accountancy Age

Amazon ordered to pay €250m in back taxes by the E...

The European Commission has ruled that Amazon must pay €250m in back taxes to Luxembourg, in the Commission’s latest efforts to crack down on tax avoi...

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EU divided over radical tax reforms targeting tech giants
Corporate Tax

EU divided over radical tax reforms targeting tech giants

7y Accountancy Age

EU divided over radical tax reforms targeting tech...

The EU is deeply divided over how to increase the tax take from tech giants such as Google, Apple and Amazon, who have recently come under fire for be...

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How to educate your clients about tax avoidance
Corporate Tax

How to educate your clients about tax avoidance

7y Clear Books | Sponsored

How to educate your clients about tax avoidance

To avoid falling foul of HMRC's tax crackdown, small businesses now have to be much more vigilant when it comes to tax matters, and it's an ideal oppo...

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KPMG rocked by South African corruption scandal
Audit

KPMG rocked by South African corruption scandal

7y Accountancy Age

KPMG rocked by South African corruption scandal

KPMG’s South African branch has come under fire after becoming caught up in a growing corruption scandal surrounding one of the country’s most influen...

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CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes
Corporate Tax

CGT clampdown nets HMRC £124m – but could lead to increase in use of avoida...

7y Austin Clark , Editor

CGT clampdown nets HMRC £124m – but could lead to ...

Law firm warns that HMRC focus on entrepreneur’s relief could prompt increase in avoidance scheme usage Read More...

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‘Google tax’ nets HMRC £281m
Corporate Tax

‘Google tax’ nets HMRC £281m

7y Accountancy Age

‘Google tax’ nets HMRC £281m

Diverted profits tax revenue collected by HMRC in 2016-17 totalled £281m, leaping from £31m collected in the previous year, according to data released...

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HMRC probing Manchester United players over image rights tax dodges
HMRC

HMRC probing Manchester United players over image rights tax dodges

7y Accountancy Age

HMRC probing Manchester United players over image ...

HMRC is probing at least two Manchester United players over potential image rights tax dodging that allegedly occured over the 2014-2015 season Read M...

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Wealthy individuals could circumvent top tax rate rises
Personal Tax

Wealthy individuals could circumvent top tax rate rises

7y Accountancy Age

Wealthy individuals could circumvent top tax rate ...

The research looked at Labour’s 2017 election manifesto proposals to raise the upper tax rates and found it would not necessarily generate more tax re...

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HMRC wins 22 out of 26 tax avoidance cases in 2016-17
HMRC

HMRC wins 22 out of 26 tax avoidance cases in 2016-17

7y Accountancy Age

HMRC wins 22 out of 26 tax avoidance cases in 2016...

HMRC lost only three out of 26 tax avoidance cases taken to court last year and had one mixed result, positioning them as a formidable force Read More...

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Amazon UK halves its corporation tax bill despite increased turnover
More News

Amazon UK halves its corporation tax bill despite increased turnover

7y Accountancy Age

Amazon UK halves its corporation tax bill despite ...

Retail giant Amazon halved its corporation tax bill in the UK to £7.4m in 2016, despite Amazon UK Services’ 54% increased turnover Read More...

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HMRC invokes GAAR to clamp down on gold bullion tax avoidance schemes
HMRC

HMRC invokes GAAR to clamp down on gold bullion tax avoidance schemes

7y Accountancy Age

HMRC invokes GAAR to clamp down on gold bullion ta...

The GAAR advisory panel stated that the use of gold as payments for employees is “abnormal and contrived” and “not a reasonable course of action” Read...

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Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules
Accounting Standards

Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

7y Accountancy Age

Accountants shouldn’t neglect hybrid mismatch anti...

Alison Conley, partner at MHA MacIntyre Hudson, looks at hybrid mismatch anti-avoidance legislation, and why accountants should pay attention to it Re...

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Industry reaction: Taylor Review does not go far enough in addressing tax issues
Legal

Industry reaction: Taylor Review does not go far enough in addressing tax i...

7y Accountancy Age

Industry reaction: Taylor Review does not go far e...

While supportive of suggestions to afford gig economy workers more rights and protections, industry reaction suggests more tax reform is needed for me...

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HMRC receives record number of judicial reviews
HMRC

HMRC receives record number of judicial reviews

7y Accountancy Age

HMRC receives record number of judicial reviews

HMRC received a record number of 90 judicial reviews last year, raising concerns about the tax authority's potential misuse of power Read More...

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Autumn Statement: Investment and tax avoidance highlighted in Hammond's speech
Corporate Tax

Autumn Statement: Investment and tax avoidance highlighted in Hammond's spe...

8y Kevin Reed , Writer

Autumn Statement: Investment and tax avoidance hig...

Billions of pounds of infrastructure investment planned; but tax tinkering still looms following Philip Hammond's first Autumn Statement Read More...

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Colin: Tell them about the money, mummy
Business Regulation

Colin: Tell them about the money, mummy

8y Taking Stock

Colin: Tell them about the money, mummy

As advisers prepare for another Autumn Statement, they and their clients hope to avoid the grip of more red tape Read More...

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Five key tax and business burdens the chancellor must ease in Autumn Statement
Business Regulation

Five key tax and business burdens the chancellor must ease in Autumn Statem...

8y Kevin Reed , Writer

Five key tax and business burdens the chancellor m...

Alleviating tax red tape, and stronger investment incentives, are key requests for the chancellor Philip Hammond to consider from the ACCA Read More...

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Friday Afternoon Live: Making Tax Digital; CIMA prez's new role; tax conduct guidance
Corporate Tax

Friday Afternoon Live: Making Tax Digital; CIMA prez's new role; tax conduc...

8y Kevin Reed , Writer

Friday Afternoon Live: Making Tax Digital; CIMA pr...

Making Tax Digital; CIMA's president taking up the chair role of its jointly-founded new international organisation; and new tax adviser conduct rules...

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European Commission told to draft financial transaction tax by year-end
Business Regulation

European Commission told to draft financial transaction tax by year-end

8y Keith Nuthall

European Commission told to draft financial transa...

The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s ...

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HMRC records £143m Court of Appeal win against NT Advisors
Tax Bodies

HMRC records £143m Court of Appeal win against NT Advisors

8y Richard Crump , Writer

HMRC records £143m Court of Appeal win against NT ...

HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT Advisors’ latest s...

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Economic activity carried out in the UK must be taxed accordingly
Corporate Tax

Economic activity carried out in the UK must be taxed accordingly

8y Accountancy Age

Economic activity carried out in the UK must be ta...

Lord Howard Leigh of Hurley discusses the government’s initiatives to mitigate tax avoidance and evasion Read More...

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HMRC widens APN applications
Tax Bodies

HMRC widens APN applications

8y Stephanie Wix , Writer

HMRC widens APN applications

HMRC is now targeting over 1000 different types of tax planning schemes for the issuing of Accelerated Payment Notices (APN’s). HMRC has recently adde...

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European Commission to draw up list of non-cooperative tax jurisdictions
Tax Avoidance

European Commission to draw up list of non-cooperative tax jurisdictions

8y Richard Crump , Writer

European Commission to draw up list of non-coopera...

The European Commission is to draw up a first common EU list of non-cooperative tax jurisdictions based on a scoreboard Read More...

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EU competition head Vestager defends Apple tax ruling
Corporate Tax

EU competition head Vestager defends Apple tax ruling

8y Richard Crump , Writer

EU competition head Vestager defends Apple tax rul...

EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Iri...

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Investors sue Ingenious Media over tax losses
Legal

Investors sue Ingenious Media over tax losses

8y Richard Crump , Writer

Investors sue Ingenious Media over tax losses

A group of investors in film schemes HMRC has determined as tax avoidance are suing Ingenious Media, the company that offered the schemes, and leading...

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