The Office of Tax Simplification (OTS) chair Angela Knight has admitted the body is awaiting confirmation of its statutory basis following the formation of Theresa May’s new government

HMRC has published guidance for pension administrators about the end of contracting-out for defined benefit pension schemes, following the introduction of the new state pension, and has warned it will not track contracted-out rights or issue statements to pension schemes

A builder who purchased a car for the sole purpose of using it for her business has won an appeal in the First Tier Tribunal (FTT) against HMRC, after it disallowed a claim for VAT on the purchase and charged a penalty for misdeclaration

A company director from London, who made some £50,000 false VAT claims to HMRC, has been hit with the maximum director disqualification of 15 years following an Insolvency Service investigation into claims of currency frauds

An International Monetary Fund (IMF) review has called for a comprehensive reform of the US tax system, with the aim of removing exemptions, simplifying the system, rebalancing from direct to indirect taxes, and reducing statutory rates for individual and corporate income taxes

The second payment for people under the self assessment tax regime is due 31 July, failure to meet the deadline can result in people gaining unexpected costs, warns Blick Rothenberg LLP

The European Council has adopted a directive to crack down on corporate tax avoidance by large companies and their subsidaries including interest deductibility and exit taxation rules under new rules set to come into force by 2018

The EU and Monaco have signed a tax transparency agreement to automatically exchange information on the financial accounts of each other's residents from 2018

Westminster has passed a major milestone in the transfer of new powers to Holyrood under the Scotland Act 2016, meaning that for the first time the Scottish parliament will be able to legislate to tailor the welfare system to reflect local needs, including the ability to create entirely new welfare benefits in areas of devolved responsibility

HMRC has admitted it faces a challenge in building confidence and trust in its services, particularly among the agent community, after its annual customer survey showed that three quarters believe it takes too long to provide responses.

HMRC’s latest accounts show the tax authority brought in record total tax revenues for the sixth consecutive year of £536.8bn, and exceeded its target for securing additional compliance revenues but concedes that in the first part of the year, service levels were substantially below targets on both customer calls handled and post turnaround times

A winding-up petition has been issued by HMRC to Welsh football club Port Talbot Town