Banks The US has agreed that banks in the UK and four other European countries will be able to pass on information needed under its controversial new cross-border tax evasion laws through their own governments rather than directly, the Treasury has confirmed. 10 Feb 2012
Shares awarded to employees in 'cash box' companies as part of an avoidance scheme are 'readily convertible assets' (RCAs) on which an employer must account for income tax under pay as you earn (PAYE), a tribunal has ruled. 09 Feb 2012
New rules governing when foreign companies controlled from the UK will be exempt from tax will apply to companies with accounting periods beginning on or after 1 January 2013, the Government has announced. 02 Feb 2012
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