The highest paid 3,000 people in the UK pay more income tax than the bottom 9m, according to government statistics which highlight the impact of the ‘super-rich’ on tax revenues

The latest G20 leaders’ summit in Australia, which ended yesterday, has endorsed the various strands of international tax work being undertaken by the European Commission and by OECD, including work on the Base Erosion Profit Shifting (BEPS) project

The UK has issued the details for the new double tax treaty which it signed with Japan last December and comes into force on 12 December 2014 

Vocalspruce, a subsidiary of Brixton plc, a UK-based property business headquartered in London, has lost its case against HMRC at the Court of Appeal over an avoidance scheme used by a number of large businesses

The Office of Tax Simplification (OTS) is calling for a government review of the current tax penalty system, which is complicated and inconsistent, while taxpayers are often left in the dark as HMRC staff are not adequately trained on the myriad penalties in operation

HMRC has published a factsheet about their enhanced monitoring programme called ‘Managing Serious Defaulters’ targeted at people who deliberately get their tax affairs wrong

The Labour party has signalled its intention to crack down on tax avoidance if it wins the next election, with plans to introduce penalties of up to 100% of the tax avoided through the use of aggressive schemes

HMRC, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have announced details of how they plan to exchange and share information and expertise, although HMRC has drawn the line at signing up to joint working with PRA on tax investigations

The leader of a gang behind a £9m gold smuggling plot uncovered by HMRC, will have to repay £4.3m of his criminal profits, within four months, or serve an extra ten years in prison

Newly-elected European Commission president Jean Claude Juncker has been strongly criticised in the European parliament over his past role in the granting of preferential tax treatments to multinational companies in Luxembourg, as he seeks to lead an EU-wide campaign to tackle tax avoidance and evasion