Following a successful trial period, HMRC have announced an extension of their clearance procedure. At Pre-Budget Report 2007 HMRC announced that the clearance ... Continue Reading
The influence of the global economic downturn on the tax avoidance industry was one of the key issues for leaders of the Joint International Tax Shelter Information ... Continue Reading
HMRC have announced that the official rate of interest used to calculate tax due on beneficial loans will be reduced from 1 March 2009.The official rate of interest ... Continue Reading
The Chartered Institute of Taxation (CIOT) has submitted its comments to HMRC on draft legislation dealing with the release of trade debts, which was published in ... Continue Reading
HMRC have launched a podcast covering the new Health in Pregnancy Grant.The podcast covers everything you need to know about the new £190 Health in Pregnancy Grant ... Continue Reading
The government is taking action to block tax avoidance under certain artificial avoidance schemes. Over recent months HMRC have become aware of an artificial and ... Continue Reading
HMRC have issued a reminder to anyone filing a Self Assessment tax return - file by 31 Janauary, or risk a £100 penalty.Taxpayers who haven't yet filed their 2007/08 ... Continue Reading
HMRC have confirmed that EDS have paid a lump sum in settlement of issues surrounding the Department's IT system.EDS provided IT services to the Inland Revenue under ... Continue Reading
Draft regulations and amendments to the additional payments eligibility rules for Child Trust Fund (CTF) age 7 payments have been laid in Parliament. On 16 December ... Continue Reading
Thank you to all those who took the time and trouble to enter the TaxationWeb Christmas Quiz.TaxationWeb is pleased to announce that the three worthy competition ... Continue Reading
