Chancellor George Osborne’s plans to raid people’s bank accounts are a “power too far” for the taxman and will damage innocent families and vulnerable people, according to a powerful new coalition calling for him to ditch the proposals.
Chancellor George Osborne’s plans to raid people’s bank accounts are a “power too far” for the taxman and will damage innocent families and vulnerable people, according to a powerful new coalition calling for him to ditch the proposals.
The Chartered Institute of Taxation (CIOT) is calling for a permanent exemption for small employers for PAYE Real Time Information (RTI) reporting.
HM Revenue and Customs (HMRC) have published a draft Statutory Instrument which proposes a highly controversial change to the 2003 PAYE Regulations: the ability for HMRC to change a PAYE tax code by stealth. It is not clear from any documentation why it needs to make this change.
HMRC has published a list of tax avoidance schemes on which users may be asked for an upfront Accelerated Tax Payment.
HMRC will in the next couple of weeks be able to demand billions in taxes from tax avoidance scheme users under its new Accelerated Tax Payments (ATPs) measures. Payment will be required where a scheme is disputed and it was disclosable under DOTAS.
Rangers wins its 'big tax case', its EBT appeal. Loans made to players were genuine loans.
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