hmrc introduces alternative route for tax dispute
Individual taxpayers and SMEs will now be able to request to settle a tax dispute with HM Revenue & Customs through an arbitrage process, rather than through tribunal.
Individual taxpayers and SMEs will now be able to request to settle a tax dispute with HM Revenue & Customs through an arbitrage process, rather than through tribunal.
QROPS industry officials expressed relief over today's anticipated announcement by HM Revenue & Customs concerning how they are to handle transfers of pensions into qualifying recognised overseas pension schemes.
HM Revenue & Customs has published a list of its most wanted tax criminal fugitives, the second year it has done so.
HM Revenue & Customs has topped a list of the most irritating UK companies to call.
The amount of tax ‘protected’ by HM Revenue & Customs in the first six months of this year surpassed £1bn, according to the Revenue.
Critics of the international pensions industry expressed surprise today when it emerged that no offshore pension schemes, or QROPS, are involved in High Court proceedings that began in London today.
Lawyers representing HM Revenue & Customs in the long-running ROSIIP QROPS case filed documents at the High Court on Friday last week, just hitting a deadline to avoid a judgement being made on the tribunal.
HM Revenue & Customs has won a tribunal to have a scheme avoiding stamp duty land tax shut down.
The US has given non-US financial institutions around the world another six months to prepare to comply with FATCA, pushing the deadline back to 1 July, 2014.
HM Revenue & Customs has published a 30-word apology for releasing an incorrect list of QROPS yesterday which had more than 430 schemes missing and caused widespread confusion within the industry.
HM Revenue & Customs has admitted to a “problem” in relation to the list of registered Qualifying Recognised Overseas Pension Schemes it published last night, which shows more than 430 schemes missing.
Banks could be “named and shamed” for assisting in tax avoidance, even if it is legal avoidance, under proposals issued by HM Revenue & Customs.