CIOT and the ATT are alerting their members to incorrect penalties being issued by HMRC on SA900 Trust and Estate Returns

HMRC has updated the reporting requirements under the US Foreign Account Tax Compliance Act (FATCA), which may mean that some organisations or taxpayers no longer need to submit a return by the 31 May deadline

Labour leader Ed Miliband is to announce plans to abolish the non-domicile (non-dom) tax rule if his party forms the next government, claiming it is being used for tax avoidance by high net worth individuals (HNWI)

Scotland’s new tax authority, Revenue Scotland, is now operational and has started accepting tax returns for the Land and Buildings Transaction Tax (LBTT) and Scottish Landfill Tax (SLFT) from 1 April 2015. 

US food manufacturer Kellogg’s has become one of the first multinationals to signal concerns about the possible impact of the government’s new Diverted Profits Tax (DPT), also known as the Google tax, which is  designed to tackle the use of aggressive tax planning techniques and came into effect on 1 April 2015

The OECD has released a consultation on Action 3 of the Base Erosion and Profit Shifting (BEPS) plan covering plans to strengthen the rules governing controlled foreign companies to combat aggressive tax avoidance by multinational companies

HSBC clients based in India, who featured on the leaked list of offshore account holders in its Swiss private banking arm, have been asked to authorise a party in Switzerland so the Swiss government can obtain their consent for sharing information with Indian authorities, or face a potential public naming and shaming

The key HMRC filing deadlines including PAYE cheque payments, IHT due on lifetime transfers and outstanding CGT for personal tax returns

The latest developments in employment taxes by our expert David Heaton, including delayed penalties for real time information (RTI), marriage allowance and intermediaries reporting