The Chartered Institute of Taxation (CIOT) has welcomed a Government debate which proposes that unqualified accountants and tax advisers should have professionally ... Continue Reading
The Treasury has announced that a planned 2p per litre rise in fuel duty, due to come into force on 1 October 2008, has been postponed.As a result of this decision, ... Continue Reading
Subject to the Finance Bill passing all stages in the Lords on Friday 18th July, Royal Assent will be signified on Monday 21st July. Continue Reading
HMRC officers have seized 2,000 bottles of wine from a commercial premises south of Newry today.The action comes as part of the department's involvement in a ... Continue Reading
European Commission proposals to allow VAT cuts on labour intensive and locally-provided services have been welcomed by the UK’s Federation of Small Businesses ... Continue Reading
Recent discussions have suggested that there is some uncertainty over the current HMRC views on Extra Statutory Concession A11 (split year treatment) and its application ... Continue Reading
TaxationWeb is pleased to announce that a leading tax commentator is to become a regular columnist and contributor to the site.Richard Murphy is a well-known adviser ... Continue Reading
Barrister, John Wilmot, has been jailed for five years for attempting to cheat the country out of £17.5million through a fraudulent VAT claim and a bogus £100 ... Continue Reading
The UK is introducing a new system of penalties for errors in tax returns, including VAT refund claims. The new rules mean that traders could be charged a penalty ... Continue Reading
The Chartered Institute of Taxation (CIOT) welcomes the Poynter Report that has examined the loss of data by HMRC and recommended ways to prevent a repeat of this.On ... Continue Reading
