The Luxembourg authorities have said they will hand over a list of the hundreds of tax deals signed with some of the world’s largest multinational businesses after initially promising to take the European Commission to court in a bid to keep the tax agreements secret
Following the sweeping reforms to Stamp Duty Land Tax (SDLT) announced at Autumn Statement 2014, HMRC has issued a guidance note providing further details of the changes that are being made and how they affect purchases made after 3 December 2014
As part of the push to move all HMRC services to purely digital online delivery, the tax authorities have published a demographic review of paid tax agents based on their digital needs and attitudes, and the support they will require to transition to digital
A third of employers continue to feel that there are disadvantages to using the new Real Time Information (RTI) system to handle PAYE, and half cannot easily identify any benefits from the new system, according to an HMRC survey assessing progress
The HMRC website has a new home page but the migration of all the technical manuals and guidance material is not yet complete, despite the release of the home page under gov.uk branding.
All EU member states have now been drawn into the European Commission’s investigation into the use of tax rulings to offer preferential tax treatment to multinationals
A minor change to real time information (RTI) reporting has been announced with the release of a technical note confirming that employers will no longer need to complete the end of year checklist when making their final Full Payment Submission (FPS) for the tax year
HMRC has added to its library of webinars and e-learning modules for tax agents, and has added more support for taxpayers about working in the Construction Industry Scheme (CIS)
Following this week’s update on progress with the Base Erosion and Profit Shifting (BEPS) project, the OECD has released details on a number of discussion drafts covering the additional work to be done to provide the framework for new tax avoidance rules, which will be put out for comment shortly
HMRC is contacting businesses to update them on redress payments on the taxation of interest rate hedging products and warning them that payments must be reported in Q1 tax returns
Following the announcement in the Autumn Statement, HMRC has published a discussion document seeking views on the use of overarching contracts of employment (OAC) by employment intermediaries in the temporary labour market, particularly focusing umbrella companies hiring temporary workers and relief for travel and subsistence expenses, for comment by 10 February 2015.
Plans to introduce legislation to control monitored promoters of tax avoidance schemes have now entered the final stage with the release of a third consultation on the regulations needed to support the Promoters of Tax Avoidance Schemes (POTAS) legislation
HMRC has introduced a new online payment service for taxpayers to pay their Self Assessment or VAT bill by debit card to replace the current Billpay arrangements.
Ahead of a year end update from the OECD on its Base Erosion and Profit Shifting (BEPS) project, Grant Thornton (GT) is warning that many businesses are highly sceptical about its potential success and want more clarity about what is acceptable tax planning
Menu toggle
