HMRC has officially opened the doors to its first regional hub in Croydon, which 2,600 employees will occupy by 2021, in an opening ceremony held at the new offices headed by executive chair, Edward Troup. CCH Daily's Amy Austin reports
HMRC has finalised guidance on the corporate criminal offence of failing to prevent the facilitation of tax evasion, which requires businesses to implement ‘reasonable prevention procedures’ to meet the demands of the legislation, which comes into effect at the end of this month
The membership of the new Treasury committee has been announced, and the first evidence session later this week is to be with HMRC and is likely to focus on Brexit, the customs declaration services programme (CDS) and the childcare service
The Office of Tax Simplification (OTS), the statutory body which is an independent office of the Treasury and gives independent advice to the government on simplifying the UK tax system is looking for people to join its team
For farming families, succession and exit planning is not only a question of the survival of the farm, but essential for tax mitigation particuarly in light of complex CGT and inheritance tax rules, warns Phil Fenn, partner at Mercer & Hole
Public finances must adapt to a future without fossil fuel cars but the Treasury will find it hard to take the loss when the cash cow of £28bn in annual fossil fuel taxes dries up, warns Chas Roy-Chowdhury, head of taxation at ACCA
In a statement following the devastating effects of Hurricane Irma, the British Virgin Islands’ (BVI) Premier Orlando Smith has made it clear that restoration of the islands’ economy and substantial financial services industry will be a priority alongside ensuring requisite humanitarian aid
HMRC has won a tax avoidance case worth £35m against global banking group BNP Paribas, after a First Tier Tribunal (FTT) found in its favour in a case dating back to 2005
A Newcastle businessman, who was jailed for tax fraud, faces selling his sea front property, Land Rovers, and other assets, to repay £157,000 within six months, or spend another 18 months behind bars and still owe the money the money he stole
The substantial shareholding exemption (SSE) can be a powerful relief from chargeable gains for corporate taxpayers but there are circumstances where it has not always been clear whether the qualifying conditions are met, explains Paul Davies, tax specialist writer at CCH
HMRC has ploughed an additional 7% investment into the counter-avoidance directorate staff over the past 12 months, ahead of the introduction of the Criminal Finances Act 2017 at the end of this month which will make companies and partnerships criminally liable if they fail to prevent tax evasion by either a member of their staff or an external agent
The latest draft Finance Bill sets out the framework for VAT reporting under Making Tax Digital, confirming that the rules will not be in place before April 2019 while those who fall below the VAT threshold, currently £85,000, will not have to digitally report
The government has published the draft Finance Bill (No.2), which will have its second reading in the House of Commons on Tuesday 12 September, the first time that MPs will be able to debate the proposals
Following several failed attempts to win support for an overhaul of the Swiss corporate tax regime, Switzerland’s Federal Council has started a new consultation on an updated package of corporate tax reforms, which it says will meet international requirements but will have less of an impact on the federal budget