Spirit of the law
One of the interesting phrases used in the recent consultation, Improving Large Business Compliance, is ‘the spirit of t...
Management of taxes
Management of taxes
Transforming Service
HMRC’s overall aim is simple: to make it easier for customers to pay the right amount of tax at the right time....
Great expectations
The acquisition of an asset and its subsequent lease back to the vendor is known as a sale and leaseback (S&L) trans...
Most popular reads
Latest briefings
HMRC powers' survey
The CIOT and ATT’s survey of members in February 2015 was their first in five years to seek views on on HMRC Powers: Pen...
Deal or no deal
It is often the case that a tax dispute is resolved between HMRC and the taxpayer by mutual agreement; that is, without ...
Earlier warnings
Finance Bill 2015 includes a bundle of measures around the disclosure of tax avoidance schemes (DOTAS) rules for direct ...
Second opinion
HMRC are engaging with the CIOT on the effectiveness of the internal review process and how it might be improved....
Let battle commence
Most commentary on the practicalities of accelerated payment notices (APNs) dates to the period of a ‘phony war’, when t...
A penalty puzzle?
HMRC charge tax-geared penalties for errors in tax returns.
The four-year hitch
For the past five years, there has been a basic time limit in tax of four years.