Banks’ £135m tax avoidance scheme shutdown by authorities

Corporate Tax Banks’ £135m tax avoidance scheme shutdown by authorities

8y Fraser Simpson, Reporter

Banks’ £135m tax avoidance scheme shutdown by auth...

HMRC terminates bonus scheme used by major banks to avoid PAYE and NIC payments, and is now on the hunt for an additional £30m in avoided tax Read Mor...

View article
HMRC: 'Persuasive promoters' lure taxpayers into avoidance schemes

Personal Tax HMRC: 'Persuasive promoters' lure taxpayers into avoidance schemes

8y Fraser Simpson, Reporter

HMRC: 'Persuasive promoters' lure taxpayers into a...

The taxman conducted 20 interviews with previous scheme users to gain an insight into why people enter into tax avoidance agreements Read More...

View article
OECD calls for united front to close international tax loopholes

Corporate Tax OECD calls for united front to close international tax loopholes

8y Fraser Simpson, Reporter

OECD calls for united front to close international...

The economic well-being organisation is launching a new framework to increase the amount of countries participating in its BEPS initiative Read More...

View article
Get the latest analysis and reports delivered to your inbox daily
France pursues £1.3bn tax settlement from Google

Corporate Tax France pursues £1.3bn tax settlement from Google

8y Fraser Simpson, Reporter

France pursues £1.3bn tax settlement from Google

The French government seeks a deal ten times greater than the one Google struck with HMRC, with the PAC labelling the £130m sum as “disproportionally ...

View article
HMRC reassesses tax avoidance hallmarks

Administration HMRC reassesses tax avoidance hallmarks

8y Fraser Simpson, Reporter

HMRC reassesses tax avoidance hallmarks

The taxman has reviewed its draft legislation on tax avoidance hallmarks after receiving multiple concerns from taxpayers Read More...

View article
Taking Stock: Is Osborne's stance on corporation tax peeling away?

Corporate Tax Taking Stock: Is Osborne's stance on corporation tax peeling away?

8y Taking Stock

Taking Stock: Is Osborne's stance on corporation t...

The chancellor received a £1,230 pay out from his families tax avoiding wallpaper business, despite publicly describing tax avoidance as "morally repu...

View article
Ikea dodges €1bn in taxes, report uncovers

Corporate Tax Ikea dodges €1bn in taxes, report uncovers

8y Fraser Simpson, Reporter

Ikea dodges €1bn in taxes, report uncovers

European Commission pledges to look into Ikea’s tax affairs after a report uncovered aggressive tax avoidance schemes used between 2009 and 2014 Read ...

View article
Five things we learned from the Google PAC hearing

Corporate Tax Five things we learned from the Google PAC hearing

8y Fraser Simpson, Reporter

Five things we learned from the Google PAC hearing

Looking past the “grandstanding and bear-baiting” from the PAC, there are a handful of things that can be taken away from the hearing with Google and ...

View article
HMRC denies multinationals "run rings" around it

Corporate Tax HMRC denies multinationals "run rings" around it

8y Fraser Simpson, Reporter

HMRC denies multinationals "run rings" around it

Appearing before MPs, HMRC chief executive Dame Lin Homer denies the taxman gets "outmanoeuvred" by the likes of Google Read More...

View article
‘Draconian’ GAAR penalties could breach human rights, taxation group warns

Accounting Standards ‘Draconian’ GAAR penalties could breach human rights, taxation group warns

8y Fraser Simpson, Reporter

‘Draconian’ GAAR penalties could breach human righ...

CIoT fears that not enough information has been given to taxpayers over GAAR and its penalties Read More...

View article
Taxman seizes over £2bn from accelerated payments

Administration Taxman seizes over £2bn from accelerated payments

8y Fraser Simpson, Reporter

Taxman seizes over £2bn from accelerated payments

HMRC issues 3,000 APNs every month and expects to claim £5bn in payments by 2020 Read More...

View article
‘If the government won’t do it, I’ll tax multinationals myself’

Corporate Tax ‘If the government won’t do it, I’ll tax multinationals myself’

8y Fraser Simpson, Reporter

‘If the government won’t do it, I’ll tax multinati...

Accountancy Age speaks to Steve Lewis, the coffee shop owner who wants to become the next leader of HMRC and go head-to-head with tax avoiding multina...

View article
HMRC condemns Growth Securities Ownerships Plan

Accounting Firms HMRC condemns Growth Securities Ownerships Plan

8y Fraser Simpson, Reporter

HMRC condemns Growth Securities Ownerships Plan

HMRC warns companies away from tax avoidance scheme seven years after it was introduced Read More...

View article
‘Gamekeeper-turned-poachers’ undermining HMRC, study finds

Administration ‘Gamekeeper-turned-poachers’ undermining HMRC, study finds

8y Fraser Simpson, Reporter

‘Gamekeeper-turned-poachers’ undermining HMRC, stu...

Research suggests that HMRC reform has pushed former workers into the private sector where they apply their ‘insider’ knowledge to help companies avoi...

View article
Claims management group Rebus falls into administration

Corporate Tax Claims management group Rebus falls into administration

8y Fraser Simpson, Reporter

Claims management group Rebus falls into administr...

The business raised more than £800,000 on Crowdcube last year, making it one of the biggest breakdowns involving a crowdfunded company Read More...

View article
Friday Afternoon Live: Google, tax and audit thresholds

Audit Friday Afternoon Live: Google, tax and audit thresholds

8y Accountancy Age, Reporters

Friday Afternoon Live: Google, tax and audit thres...

Kevin Reed discusses the week's news Read More...

View article
EC steps up efforts to clamp down on multinational tax avoidance

Corporate Tax EC steps up efforts to clamp down on multinational tax avoidance

8y Richard Crump, Writer

EC steps up efforts to clamp down on multinational...

EC calls on member states to take a stronger and more coordinated stance against tax avoidance Read More...

View article
European Commission could investigate Google deal, says Vestager

Corporate Tax European Commission could investigate Google deal, says Vestager

8y Fraser Simpson, Reporter

European Commission could investigate Google deal,...

EU competition commission Margrethe Vestager opens door to potential investigation in Google's tax affairs Read More...

View article
OECD tax transparency deal receives international agreement

Corporate Tax OECD tax transparency deal receives international agreement

8y Fraser Simpson, Reporter

OECD tax transparency deal receives international ...

OECD deal on country-by-country tax reporting signed by 31 nations Read More...

View article
Osborne needs to explain himself over Google deal, demands French MEP

Corporate Tax Osborne needs to explain himself over Google deal, demands French MEP

8y Fraser Simpson, Reporter

Osborne needs to explain himself over Google deal,...

The chancellor and head of Google should explain tax deal in front of European Parliamentary Committee Read More...

View article
Google deal will “not help public perceptions on tax”, claims adviser

Corporate Tax Google deal will “not help public perceptions on tax”, claims adviser

8y Fraser Simpson, Reporter

Google deal will “not help public perceptions on t...

Google's £130m settlement with HMRC could negatively affect public's relationship with tax authority, advisers tell Accountancy Age Read More...

View article
Leader: Google cough up tax dough, but deal seems half-baked

Administration Leader: Google cough up tax dough, but deal seems half-baked

8y Richard Crump, Writer

Leader: Google cough up tax dough, but deal seems...

Google tax deal is a short-term UK success that undermines longer-term international efforts to clamp down on tax avoidance Read More...

View article
They fought the taxman, and who won?

Corporate Tax They fought the taxman, and who won?

8y Fraser Simpson, Reporter

They fought the taxman, and who won?

‘IF multinational corporations can get away with it, why can’t we?’ was the question asked by one of Crickhowell’s SME owners on BBC Two’s documentary...

View article
HMRC reverses APN decision for participants in Montpelier tax scheme

Administration HMRC reverses APN decision for participants in Montpelier tax scheme

8y Fraser Simpson, Reporter

HMRC reverses APN decision for participants in Mon...

HMRC admits 2,000 pay up front tax demands should never have been issued Read More...

View article
EU orders Belgium to recoup €700m in illegal multinational tax breaks

Business Regulation EU orders Belgium to recoup €700m in illegal multinational tax breaks

8y Chris Warmoll, Writer

EU orders Belgium to recoup €700m in illegal multi...

Belgium has given a select number of multinationals substantial tax advantages that break EU state aid rules, says Vestager Read More...

View article
Colin: End of Homer's HMRC Odyssey

People Business Colin: End of Homer's HMRC Odyssey

8y Taking Stock

Colin: End of Homer's HMRC Odyssey

Colin muses on the view taken by certain corporates on Lin Homer's departure from HMRC Read More...

View article
Taking Stock: Colin's review of 2015

Audit Taking Stock: Colin's review of 2015

8y Kevin Reed, Writer

Taking Stock: Colin's review of 2015

Our wonderful cartoonist Higgins has taken a Colin-eyed view of 2015. It's basically all the best Colin cartoons on Youtube... Read More...

View article
1 3 4 5 6 7 30