Samples backing many claims have been 'too small'
Tax return initiative brings the tax system into ‘further disrepute’, says Lakshmi Narain
HMRC will monitor the effect of several recent policy initiatives to tackle tax avoidance before considering whether to proceed with measures proposed last year to counter avoidance involving income tax loss reliefs.
HMRC has published an ‘e-learning course’ for farmers, developed in conjunction with ‘farming bodies such as the NFU’.
HMRC has amended the Employer further guide to PAYE and NICs, CWG2(2012) at Chapter 1 Page 5 to remove 'lecturers, teachers or instructors' from the list of occupations covered by Social Security (Categorisation of Earners) Reg
The availability of entrepreneurs' relief and the timing of gains should be reviewed whenever there is a share reorganisation or a sale of shares in exchange for shares or loan notes in the acquiring company. Paula Tallon and Paul Howard set out the relevant considerations for advisers.
HM Treasury is seeking views on an Office of Tax Simplification proposal for relief against tax charges arising on the disincorporation of a business.
A planned consultation on options for integrating the operation of income tax and NICs will not be held until after the summer, the government has announced.
Six new HMRC taskforces – specialist teams that undertake ‘intensive bursts of activity’ in high risk trade sectors and locations – are expected to recover tax of more than £23m, the department announced.
The government’s proposed legislation to ensure that ‘controlling persons’ working for an organisation have PAYE income tax and NICs deducted at source will not change anything in practice, according to one expert.