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Compliance

PAYE and CIS firms face generic notification service alert

R Campbell (TC3628)

P D Spink (TC3651)

MP Hodge attacked over report on tax breaks

Half-term report on two offshore initiatives

Make sure HMRC’s search warrants are precise and intelligible

HMRC are set to hold a series of live webinars for tax agents and advisers throughout June and July.

The first session, scheduled for Wednesday (18 June), will provide practical guidance on how penalties will be applied under the existing regime for inaccuracies in information in documents and returns supplied to the Revenue.

The webinars will run for approximately 45 minutes to cover:

MC and LJ Ive Ltd & M Ive (TC3529)

Unpublished Special Commissioners’ decisions must stay under wraps to maintain justice and fairness

HMRC’s clampdown on tax dodging marked a new high during 2013/14, official statistics show.

An parallelled £23.9bn – raised in addition to revenue collected from compliant taxpayers – was £3.2bn more than in the previous 12 months, and almost £1bn above the target set at last year’s autumn statement.

A practical look at the tax treatment of gains by offshore trusts

HMRC are offering online tutorials to help landlords understand when and how to pay tax on property they let out.

The digital training pack is part of the Revenue’s let property campaign launched in September.

The disclosure opportunity aims at people who rent out residential property and have either not registered to pay tax, under-declared their earnings or under-paid tax.

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