First Tier Tribunals (FTTs) are to be given powers to issue partial closure notices (PCNs) once the Finance Bill 2017 gains royal assent

The Inclusive Framework which is collaborating on the implementation of the OECD’s Base Erosion and Profit Shifting (BEPS) action plan has released information on the domestic legal frameworks for country-by-country reporting (CBCR) around the world, providing a high level snapshot for tax administrations and multinational companies as to the outline requirements

The government expects to claw back approximately £3.96bn by 2020/21 through the introduction of restrictions to interest deductibility for corporates in the Finance Bill 2017

HMRC has issued a policy paper outlining a tax allowance for individuals with small amounts of income from providing goods, services, property or other assets, which was originally set out in Budget 2016 as a way of facilitating the ‘sharing’ economy

The financial services sector paid a total tax contribution of £71.4bn in the year to 31 March 2016, a 7.4% rise on the previous year’s figures and the highest since the finance crash, according to analysis by PwC

An exemption for ultra-low emission vehicles (ULEVs) will be made in the government’s plans to curb the tax and national insurance advantages of salary sacrifice schemes

Summary and analysis of Autumn Statement 2016 including salary sacrifice clampdown, pensions money purchase annual allowance, flat rate VAT rise, alignment between NICs and income tax

Bill Dodwell, Deloitte head of tax policy on US tax developments set to arise due to the outcome of the presidential election and the outcome it will have on global taxation

Our essential snapshot of the key measures announced in Autumn Statement 2016 and Finance Bill 2017, including salary sacrifice, disguised remuneration, NIC for self employed, reduction in MPAA limit and flat rate VAT scheme

HMRC has not agreed contingency measures with the Treasury should it run into difficulties with plans to digitise the tax system, and must take action to ensure it has a credible plan to make savings without damaging customer service, according to a report by the public accounts committee (PAC) which says its performance remains below par in several key areas

Andrew Tyrie, chair of the Treasury committee, has challenged the government over its planned timetable for HMRC to introduce its flagship making tax digital (MTD) scheme, warning that announcements made in the Autumn Statement suggest there will need to be delays to the proposed 2018 start, or implementation will be very rushed

Revised code of conduct to curb excessive tax planning, confidentiality breach over Ingenious, Trump tax plan, Lifetime ISA rules fleshed out, application for tax postponement allowed