November 26, 2014
Record high for backlog of disputed tax
HM Revenue & Customs very public new 'no nonsense approach' on suspected tax avoidance has pushed the backlog of tax disputes to a new record high of 27,246, with a...
Month: November 2014
November 21, 2014
Second HMRC blunder leaves ‘100,000’ in the dark
As many as 100,000 workers are currently facing uncertainty after a leaked e-mail from HM Revenue & Customs showed that their final bills for last year may have been miscalculated....
Indirect Tax levies up 49% in the past decade
The Government's use of indirect taxation has increased by 49% in the past decade as it moves its tax base away from direct sources, according to Bloomsbury Professional, a leading...
November 19, 2014
HMRC needs to speed up tax investigations says MPs
The Public Accounts Committee has criticised HM Revenue & Customs has been criticised by The Public Accounts Committee who have voiced concerns about the Taxmans for "unacceptably slow" action against...
November 7, 2014
HMRC to fall short of £3bn LDF target
The Liechtenstein Disclosure Facility (LDF) is set to fall well short of the £3bn target that was set by former HM Revenue & Customs Permanent Secretary Dave Hartnett in 2012....
November 4, 2014
‘Remarkable progress’ made in global tax co-ordination says Osborne
Chancellor of the Exchequer George Osborne has praised the striking of an Organisation for Economic Cooperation & Development (OECD) agreement to automatically share tax information on individuals by the year...