Taxpayers can rely on concession unless it is publicly withdrawn, rules court

Taxpayers are entitled to rely on a concession made by HM Revenue & Customs (HMRC) in a formal publication unless and until the concession is publicly withdrawn, according to the High Court. 11 May 2012

Activists given High Court go ahead to pursue HMRC over alleged 'sweetheart' deals

Banks A group of activists is to raise a preliminary challenge to an alleged 'sweetheart' tax settlement between HM Revenue and Customs (HMRC) and investment bank Goldman Sachs, according to a national newspaper. 18 Apr 2012

Out-Law Guides

Government to consult further on introducing a general tax avoidance prohibition in 2013

The Government has accepted that the introduction of a general anti-avoidance rule (GAAR) will improve the UK's tax avoidance strategy whilst maintaining competitiveness, and will consult further with business on introducing a GAAR into the UK tax system,... 21 Mar 2012

HMRC to appoint assessor to oversee tax settlements with big businesses

HM Revenue and Customs (HMRC) is to appoint an independent 'assurance commissioner' to oversee any tax settlements for more than £100 million reached with large companies. 28 Feb 2012

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