Medium-sized companies will be given access to greater HMRC support under plans announced by the tax authority at its annual stakeholder conference

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

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

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

The OECD has released two sets of guidance to give greater certainty to tax administrations and multinational groups on the implementation and operation of country-by-country reporting (CBCR), which is action 13 of its Base Erosion and Profit Shifting (BEPS) plan

HMRC’s project investigating tax payments on offshore image rights, which is predominantly an issue in the football industry, has recorded a sharp rise in the number of clubs and players under scrutiny, according to the latest information given to Parliament