HMRC have announced details of new legislation introducing revised penalties for errors on tax returns and documents.Following a period of consultation, ... Continue Reading
Regulations have been published which will increase the threshold under which self assessment taxpayers do not need to make payments on account from £500 to ... Continue Reading
The sheer volume and intricacies of the 2008 Finance Bill, published today (26 March 2008) by the Government, adds to the UK’s tax complexity, says ACCA (the ... Continue Reading
The Chartered Institute of Taxation (CIOT) has welcomed the second Early Day Motion (EDM) on income shifting that has been tabled in the House of Commons.When the ... Continue Reading
Employers with computerised payrolls need to ensure that their software is updated to include revised tax tables ready for use on the first pay day after 6 April ... Continue Reading
HMRC have published amended regulations to deal with issues highlighted in the Demibourne case.The Special Commissioner’s decision in the case of Demibourne ... Continue Reading
HMRC have published details of progress being made under the Change Programme, which aims to support HMRC plans to modernise and transform its operations following ... Continue Reading
HM Revenue & Customs (HMRC) are writing to approximately 5,000 people who they believe are offshore account holders.Following up on in the offshore disclosure ... Continue Reading
This summary has been prepared by Taxbriefs Financial Publishing and is for general information only. The proposals are in any event subject to amendment before ... Continue Reading
The Government has considered the responses received to the recent consultation on income shifting and has confirmed that it needs a further period of consultation ... Continue Reading
