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21 May 2013
Changes to the way in which limited liability partnerships (LLPs) are taxed will "level the playing field in the tax treatment of all partnerships", the Government has said.
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15 May 2013
Details of fines included on a second public list of tax defaulters shows that HM Revenue and Customs (HMRC) is "cracking down harder than ever before" on businesses and individuals that deliberately underpay tax, an expert has said.
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10 May 2013
A Supreme Court ruling on the circumstances in which courts can set aside decisions made wrongly by trustees is "likely to create uncertainty" due to the subjective nature of the test, an expert has said.
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10 May 2013
HM Revenue and Customs (HMRC) has announced that it is working with the United States and Australian tax authorities on data which reveals "extensive use of complex offshore structures to conceal assets by wealthy individuals and companies".
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09 May 2013
The European Commission plans to strengthen existing rules allowing for the automatic exchange of financial information between EU member states in an attempt to tackle tax evasion, its Tax Commissioner has announced.
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02 May 2013
All British Overseas Territories with significant financial centres have committed to automatically exchange information about taxpayers' financial affairs with the UK and other members of the G5, the UK Government has announced.
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29 Apr 2013
The Cayman Islands will join the automatic information exchange of tax information pilot agreement, announced earlier this month by the G5 group of leading European economies.
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26 Apr 2013
The Treasury should introduce a code of conduct for tax advisers, setting out what is acceptable in terms of tax planning, said a report of the Public Accounts Committee (PAC). Compliance with this code should determine whether or not these firms can...
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23 Apr 2013
The unit dealing with the UK's wealthiest taxpayers brought in a record £220 million of extra tax last year. This represents an increase in its yield from tax enquiries by 10 per cent in the 2012/13 tax year, according to a news release issued by HM Revenue...
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22 Apr 2013
The dramatic rise in the number of individuals prosecuted for tax fraud last year shows that the recent "aggressive approach" by HM Revenue and Customs (HMRC) is having an impact, an expert has said.
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