Tax

Global transfer pricing regulation under review
Focus on increased potential conflict with tax authorities.
 

Self assessment deadline is just weeks away
31 October deadline looming.
 

Barrister jailed for £17.5m VAT fraud
A barrister has been jailed for five years for VAT fraud and a bogus aircraft engine deal.
 

P11D mistakes could be costly
KPMG has warned firms that of potentially high penalties for mistakes in filing P11D forms.
 

Vicar berated for false profits
A Dutch vicar has claimed a total of €32,000 in parishioners’ donations as corporate profits.
 

HMRC inspection powers relaxed
There has been a rethink on HM Revenue & Customs inspection powers being introduced in the Finance Bill 2008.
 

Britain still best for resident non domiciles
A survey finds that the UK remains the best place to be a resident non domicile and industry is responding quickly to the changes.
 

Court victory on tips for bar staff
The High Court has ruled in support of national minimum wage legislation relating to tips.
 

Survey finds majority for taxing the rich
An international poll shows a majority in favour of taxing the wealthy more and the poor less.
 

Rank Group hits £36m VAT jackpot
The UK’s VAT treatment of mechanised cash or interval bingo was inconsistent with EU rules.
 

Tories urge u-turn on foreign profits tax
George Osborne has called on Alistair Darling to back down over his plans to tax foreign profits.
 

Foreign employees face tax time bomb
Foreign employees on short term secondments could face a costly administrative nightmare.
 

CIOT calls for dialogue over tax exodus
The Chartered Institute of Taxation says consultation is the key to prevent a mass exit of multinationals over tax.
 
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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.