HMRC has published a policy paper outlining amendments to provide double taxation relief in respect of the UK bank levy and contributions made to the EU single resolution fund, to avoid the UK’s largest banks being taxed twice

The First Tier Tribunal (FTT) has found in favour of a former ‘psychedelic soul’ rock musician of state pension age who was seeking to overturn an HMRC ruling preventing him from making over 30 years of late payments of backdated Class 2 National Insurance contributions (NICs), on the grounds that this was not due to a failure to exercise due care and diligence

MEPs have faced calls for a European register of beneficial owners of companies, along with stronger action to counter money laundering, during a meeting of the European Parliament’s Panama Papers inquiry committee which was given details of initial findings from the data

HMRC is bolstering its already rich arsenal against tax avoidance with its ‘serial avoiders’ regime, including naming and shaming, set to come in from April 2017, explains BDO tax investigations partner Dawn Register

The Office of Tax Simplification (OTS) has published a report detailing proposals for National Insurance contributions (NIC) and income tax to be brought closer together and describing the current approach as an ‘outdated system’ in light of changing employment practice

The government is being urged to give stronger consideration to prosecuting borrowers who seek to avoid paying back student loans by moving abroad, with an independent think tank claiming the Treasury could recoup £22 for every £1 spent on collection

Having been reluctant to do so, the government should be prepared to take advantage of little-used powers to ensure tax transparency overseas, says Margaret Hodge MP

HMRC has reportedly arrested Dominic Chappell, the businessman who bought high street retailer BHS for £1 last year, for failing to pay more than £500,000 in tax on profits made from the retail company

HMRC has axed its contract with Concentrix with immediate effect, six months earlier than scheduled, after a barrage of criticism over the outsourcing company’s poor performance in checking tax credit claims

As the government looks to press ahead with its Making Tax Digital (MTD) project, Mike Cherry, national chairman at the Federation of Small Businesses, outlines the major concerns of the UK’s small businesses, who will struggle to comply in such a short timeframe

HMRC’s outsourcing deal with Concentrix and the financial stability of both the NHS and schools are due to come under scrutiny at the public accounts committee (PAC) at the beginning of next year, while there will also be sessions on the defence estate and defence equipment plan, after the National Audit Office (NAO) issued qualified accounts on spending in these areas

Philip Hammond has a lot riding on his first set piece to Parliament on 23 November, with the Institute for Fiscal Studies warning this week that the outlook for public finances has deteriorated, requiring a £25bn increase in borrowing by 2019/20. Taxbriefs provide seven ways in which the Chancellor could surprise us