Solicitors Journal: Many of the chancellor's policies have been called nothing more than 'electioneering'. The government expects to raise £3.1bn by closing tax avoidance loopholes and further utilising legislation already in place.
Full story: http://www.solicitorsjournal.com/news/commercial/tax/22240/hmrc-continue-tax-avoidance-clampdown
Friday, 20 March 2015
Selborne's Romie Tager QC turns to Withers to challenge £1.25m tax penalty ruling
The Lawyer: Former Selborne Chambers head Romie Tager QC has instructed Withers partner Amber Melville-Brown to challenge a tribunal ruling ordering him to pay £1.25m in tax bills to HMRC.
Full story: http://www.thelawyer.com/news/practice-areas/litigation-news/selbornes-romie-tager-qc-turns-to-withers-to-challenge-125m-tax-penalty-ruling/3032894.article
Full story: http://www.thelawyer.com/news/practice-areas/litigation-news/selbornes-romie-tager-qc-turns-to-withers-to-challenge-125m-tax-penalty-ruling/3032894.article
Plans for 'strict liability' offshore offence included in new package of measures targeting tax evaders and advisers
Pinsent Masons: The UK government will press ahead with plans to create a new 'strict liability' criminal offence for the "worst cases" of offshore tax evasion, among a package of new measures targeting those who illegally evade tax and their advisers.
Full story: http://www.out-law.com/en/articles/2015/march/plans-for-strict-liability-offshore-offence-included-in-new-package-of-measures-targeting-tax-evaders-and-advisers/
Full story: http://www.out-law.com/en/articles/2015/march/plans-for-strict-liability-offshore-offence-included-in-new-package-of-measures-targeting-tax-evaders-and-advisers/
Tuesday, 17 March 2015
Mazars profits up 18.2%
ICAEW: The firm’s profit before tax increased to £26.2m in 2014, up from £22.2m.
Full story: http://economia.icaew.com/news/march-2015/mazars-profits-up-18-per-cent
Full story: http://economia.icaew.com/news/march-2015/mazars-profits-up-18-per-cent
Government considers inheritance tax escape for family homes
CityWire: The inheritance tax (IHT) threshold for properties will be raised to £1 million under Conservative pre-election plans.
Full story: http://citywire.co.uk/money/government-considers-inheritance-tax-escape-for-family-homes/a804104?
Full story: http://citywire.co.uk/money/government-considers-inheritance-tax-escape-for-family-homes/a804104?
Budget 2015: From 108 mentions of tax to the number of 'billions' - Osborne's speech in stats
The Independent: From 108 mentions of tax to four sips of water, these are the bookmakers' best guesses for the Budget in numbers.
Full story: http://www.independent.co.uk/news/business/news/budget-2015-from-108-mentions-of-tax-to-the-number-of-billions--osbornes-speech-in-numbers-10114473.html
Full story: http://www.independent.co.uk/news/business/news/budget-2015-from-108-mentions-of-tax-to-the-number-of-billions--osbornes-speech-in-numbers-10114473.html
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