Barrister gets 3 years for £628k VAT fraud, accountant hotelier disqualified for failing to pay taxes, director of Christmas shop fails to present accounting records
HMRC is likely to bring forward plans to extend the UK’s domestic VAT reverse charge rules to cover energy supplies from the EU, after investigations into suspected cases of alleged VAT fraud in the wholesale gas and electricity energy markets have suggested there is a significant shortfall in receipts
There has been strong criticism of government proposals to allow HMRC to share anonymised taxpayers’ personal data with third parties and to charge for its use, with opponents suggesting this raises important confidentiality issues.
Most international companies take account of a country's tax regime when deciding where to locate, according to research by PwC, which also indicates growing concern over the increasing tax burden.
EU workers will be able to take their full pension rights with them when they move to a different EU country following a draft law passed by the European parliament on 15 April 2014. This follows nearly eight years of wrangling over the portability of pensions, which a number of member states rejected for years
HMRC is organising a VAT place of supply of services and VAT Mini One Stop Shop (MOSS) event in London on 2 June 2014 for businesses affected by the reporting changes being introduced on 1 January 2015.
A landmark decision by the European Court of Justice (ECJ) has opened the way for investment funds based outside the EU to reclaim billions in withholding tax levied by EU governments. Although the case centred around Poland, the ruling will affect all EU jurisdictions
Peter Rayney assesses the implications of the Court of Appeal’s refusal to back Mehjoo’s case. The case of Mehjoo v Harben Barker [2004] EWCA Civ 358 has very important implications for the scope of the duty of care owed to clients when giving advice
HMRC lacks sufficient information to judge whether IR35 legislation is having the intended effect and is proportionate, and needs to do more to justify retaining the IR35 rules, according to the findings of the House of Lords select committee on Personal Service Companies (PSC)
LLPs are simply not the avoidance vehicles HMRC seems to think but there are still a number of pitfalls in the new rules, explains Tina Riches, national tax partner at Smith & Williamson
‘When the minimum wage goes up I do increase the amount I pay a little, even if the total pay is still below the minimum wage. I don’t think it’s right to ignore rises in the minimum wage.’
The latest news on VAT including reaction to the Supreme Court judgment on SecretHotels2, Avon Cosmetics and agents, and Brockenhurst College wins appeal over educational supplies and VAT exemptions by Graham Elliott, transaction tax consultant at Withers Worldwide
A London accountant disqualified as director over failure to pay £147k tax bill for his firm while a Torquay hotelier messes up the books and fails to account for £200k hole