Tax

HMRC showing welcome readiness to resolve small business tax disputes
A look at the Alternative Dispute Resolution and how SMEs are set to benefit.
 

Tax payment obligations result in cash flow crisis for 10pct of small businesses
Alternative lender sees 39% increase in tax related loan applications for in 2011.
 

FTT: Foreign exchange trading will become up to 18 times more expensive
Transaction tax to hike foreign exchange costs by up to 18 times and seriously cut liquidity.
 

Tax increase represents an opportunity for tax-compliant bonds in Spain
Whilst the increase in taxes will apply to all offshore bonds, tax-compliant policies will be affected to a lesser degree.
 
 

Vodafone Plc, Goldman Sachs Group amongst those signing 'questionable' deals with HMRC
Financial News Roundup: Goldman Sachs Group, Vodafone plc, gold price falls, Chinese credit bubble, UK unemployment, UK recession.
 

HMRC looks to improve PAYE data matches

HM Revenue & Customs is offering help to employers to improve their PAYE information, it was announced today.
 

HMRC being more realistic on Tax Agent Strategy say CIOT
Two tax professionals comment on the HMRC consultations on Tax Agents.
 

In for a shock: HMRC sets sights on the UKs electricians
Electricians who suspect their tax affairs are not completely up-to-date would be well-advised to take the disclosure opportunity.
 

Swiss bank accounts: HMRC continues to flex muscle as 6000 get a phone call
6000 receive phone calls as the Revenue flexes its muscles over undeclared overseas bank accounts.
 

Charity finance directors welcome introduction of VAT cost sharing in Autumn Statement
Introduction of VAT cost sharing exemption a victory for the sector, say CFDG.
 

UK is "open for business" on corporate tax
UK appears to have turned a corner on its corporate tax competitiveness, according to new research.
 

UK businesses want a cut in either VAT or Corporation Tax from the Chancellor
21% of respondents believe a cut in Corporation Tax would help businesses grow.
 

HMRC issues final warning to 2500 health professionals
Medics have 21 days to get their tax affairs up to date or risk additional charges or prosecution.
 
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Features

VAT FRAUD
fraud
A barrister has been jailed for five years for VAT fraud and a bogus aircraft engine deal.
A lay preacher and lecturer in law has received two prison sentences totalling ten years
HM REVENUE & CUSTOMS
HMRC
HMRC inspection powers introduced in the Finance Bill 2008 are rethought.
Revenue staff enjoy a far more generous expenses policy than ordinary taxpayers.
NON-DOMICILES
non-domiciles
UK remains best place for resident non-domiciles, industry responds quickly to the changes.
Draft legislation amending the tax position of non-domiciled individuals will hit more people than first thought.