COMPLIANCE

Tori Magill (Good Cop9) examines the legal position concerning the balance between the right to privacy and the needs of HMRC to carry out its functions.

FA 2019 ss 80 and 81 insert into TMA 1970 and IHTA 1984 extended time limits for assessing income tax, CGT and inheritance tax (IHT), where a loss of tax arises out of, or involves, an offshore matter or offshore transfer....

FA 2019 Sch 4 introduces targeted rules to tax arrangements through which UK resident individuals (or in some cases companies) carrying on a business transfer a disproportionate part of their profits to offshore entities in low-tax jurisdictions and...

Kate Ison and Jessica Hocking (Bryan Cave Leighton Paisner) examine the key findings and implications from two policy papers published at the time of the Spring Statement.

David Pett (Temple Tax Chambers) looks at the information requirements and how the disguised remuneration rules apply to the loan charge, and to later steps, if no settlement of earlier liabilities has been made with HMRC.

Helen Adams (BDO) considers the extent of HMRC's powers on discovery in the light of recent case law.

HMRC has published a further policy paper and consultation document setting out details of the proposed reforms to the private sector off-payroll working rules due to take effect from April 2020. David Smith (DLA Piper) examines the detail.

Sarah Halsted (BDO) presents a summary of the standard rates of VAT currently in force in each member state.