HMRC has announced it is to begin a phased launch of its new post-Brexit customs declaration service (CDS) in August 2018, with the aim of all declarations taking place on CDS from early 2019

With just over two weeks to go until Scotland’s devolved tax rates come into effect, HMRC has published a notice of how five UK tax reliefs will continue to work as they were intended when Scottish rate of income tax (SRIT) and bands change in April 2018

The Advertising Standards Authority (ASA) has upheld HMRC’s complaint about advertising of a tax avoidance scheme by promoter CDP Tax & Wealth Ltd, which trades as Fiducia Wealth and Tax, ruling its adverts contain misleading claims, and must be withdrawn

The Department for Business, Energy and Industrial Strategy (BEIS) and the Insolvency Service have launched a consultation on improvements to corporate governance within companies which are in or are approaching insolvency, including a potential new definition of ‘distributable profits’

The European Court of Auditors (ECA) says EU public private partnerships (PPPs) used to fund infrastructure developments suffer from widespread shortcomings and limited benefits, after an audit of European-wide projects, including in Ireland, identified €1.5bn (£1.1bn) of inefficient and ineffective spending