Special Metals and Engineering Ltd (TC2362)
DVLA given access to the Revenue’s VAT systems
Implications for UK taxpayers of the memoranda of understanding with the Isle of Man, Jersey and Guernsey
HMRC have again stressed the achievements of their alternative dispute resolution scheme, which received more than 400 applications during it lengthy pilot phase.
ADR is set for a full launch later this year. Its trial ran between early 2011 until December 2012 to be used by small and medium-sized enterprises and individual taxpayers as another way of settling tax disagreements with the Revenue.
Governments agree to multilateral tax information exchange
A feel at the collar of HMRC criminal investigations
HMRC have renewed their efforts to clampdown on illegal tax dodging, with an upgrade of their approach to monitoring evaders.
The managing serious defaulters programme was launched this week to replace the managing deliberate defaulters scheme that introduced in February 2011 and monitored more than 3,000 business and individuals who had been found to have intentionally evaded tax.
HMRC will use new legislation when criminal prosection is inappropriate
Builders are seen by HMRC as easy targets, claims accountancy provider
Ex parte certain taxpayers (TC2424)
Methods used by HMRC’s affluent unit to target avoidance and evasion by wealthy individuals
An overwhelming majority of accountants believe HMRC should introduce a nationwide amnesty for taxpayers, according to Crowe Clark Whitehill.
A study by the national accountancy firm – intended to measure perceptions and opinions of the Revenue’s current amnesties and taskforces – was told by 96% of respondents that a general disclosure mechanism (GDM) would encourage tax evaders to come clean and put extra money into the public purse.