‘Risk averse’ culture at Charity Commission – BBC News
“The head of the Charity Commission has admitted it cannot fully police all 160,000 organisations on its register.”
BBC News, 9th July 2013
Source: www.bbc.co.uk
Category: tax avoidance
Bid to avoid inheritance tax ‘backfired’ creating family rift – Daily Telegraph
“A bid by a multi-millionaire businessman to avoid inheritance tax after his death has ‘backfired’ and torn his family apart, a court has heard.”
Daily Telegraph, 10th June 2013
Source: www.telegraph.co.uk
Government consults on new tax rules for UK workers employed through offshore intermediaries – OUT-LAW.com
“New rules aimed at ensuring that businesses which employ UK-based workers through offshore structures pay the correct employment taxes have been published for consultation by the Government.”
OUT-LAW.com, 31st May 2013
Source: www.out-law.com
UK Uncut loses: Taxman’s Goldman Sachs deal “not a glorious episode”, but lawful – UK Human Rights Blog
“Tax avoidance has hit the news again, with Apple currently facing questions from the US Senate about its exploitation of Irish company law loopholes and David Cameron writing to offshore tax havens to push for more transparency over tax rules. As it happens, the High Court has just handed down a ruling in a case which raises many of the same issues.”
UK Human Rights Blog, 22nd May 2013
Source: www.ukhumanrightsblog.com
Stamp duty land tax sub-sale relief scheme failed because a novation was not a transfer of rights, according to Tribunal – OUT-LAW.com
A scheme to avoid stamp duty land tax (SDLT) on the purchase of a London house, involving a novation of a contract, failed because SDLT sub-sale relief was only available where there was a transfer of rights and a novation was not a transfer of rights, according to a decision of the First Tier Tax Tribunal.
OUT-LAW.com, 10th April 2013
Source: www.out-law.com
New rules use government buying power against tax avoidance – HM Treasury
“New rules that will allow government departments to ban companies and individuals which take part in failed tax avoidance schemes from being awarded Government contracts have been unveiled by Chief Secretary to the Treasury, Danny Alexander and Minister for the Cabinet Office, Francis Maude today.”
HM Treasury, 14th February 2013
Source: www.hm-treasury.gov.uk
Changes to stamp duty land tax sub-sale rules will affect commercial transactions, said expert – OUT-LAW.com
“Changes to the stamp duty land tax (SDLT) sub-sale rules announced as part of the draft Finance Bill ‘will introduce complexity and uncertainty into commercial transactions’ said John Christian, a property tax expert at Pinsent Masons, the law firm behind Out-law.com.”
OUT-LAW.com, 11th December 2012
Source: www.out-law.com
Employee benefit trust payments to Rangers staff and players were not illegal, says tribunal – OUT-LAW.com
“The former Rangers Football Club did not act illegally when it used employee benefit trusts (EBTs) to distribute money to players and staff, a tribunal has ruled.”
OUT-LAW.com, 22nd November 2012
Source: www.out-law.com
Stamp duty land tax avoidance scheme was effective says the Upper Tribunal – OUT-LAW.com
“A stamp duty land tax (SDLT) avoidance scheme which involved the interaction of the sub-sale and the partnership rules was effective, according to the Upper Tribunal.”
OUT-LAW.com, 8th November 2012
Source: www.out-law.com
New rules require the disclosure of stamp duty land tax schemes relating to properties of any value – OUT-LAW.com
“Stamp duty land tax (SDLT) schemes relating to residential or non-residential property of any value must be disclosed to HM Revenue & Customs (HMRC) from 1 November under the Disclosure of Tax Avoidance Schemes (DOTAS) rules, as new regulations come into force.”
OUT-LAW.com, 2nd November 2012
Source: www.out-law.com
Elton John ‘not libelled by Times tax avoidance article’ – The Guardian
“The high court has ruled that Sir Elton John was not libelled by the Times in articles that he claimed falsely linked him to a controversial tax avoidance scheme.”
The Guardian, 10th October 2012
Source: www.guardian.co.uk
BBC’s chief finance officer sues the Daily Star – The Guardian
“The BBC’s chief finance officer, Zarin Patel, is suing the Daily Star for libel over two stories about the tax affairs of corporation staff.”
The Guardian, 5th September 2012
Source: www.guardian.co.uk
Government to ‘name and shame’ wealthy tax avoiders – BBC News
“The government is promising to name and shame wealthy people who use ‘aggressive’ tax avoidance schemes.”
BBC News, 23rd July 2012
Source: www.bbc.co.uk
Tax crackdowns threaten Channel Islands’ haven status – The Guardian
“The Jimmy Carr tax avoidance case has thrown the spotlight on Jersey and Guernsey, where the days of aggressive tax loopholes may be numbered.”
The Guardian, 26th June 2012
Source: www.guardian.co.uk
UK Uncut makes high court challenge to Goldman Sachs tax deal – The Guardian
“A deal worth at least £10m between banking giant Goldman Sachs and the head of HM Revenue and Customs is set to be challenged in the high court on Wednesday by tax-avoidance campaign group, UK Uncut Legal Action.”
The Guardian, 13th June 2012
Source: www.guardian.co.uk
Revenue to appear in court over Goldman Sachs ‘sweetheart’ deal – The Guardian
“Her Majesty’s Revenue and Customs will be forced to defend itself in court against allegations that it gave one of the world’s most profitable banks a sweetheart deal on the repayment of unpaid taxes worth up to £20m.”
The Guardian, 18th April 2012
Source: www.guardian.co.uk
Family Law Week’s Budget Briefing 2012 – Family Law Week
“Steve Crompton & David Kitson, Tax Directors at RSM Tenon, review the Chancellor’s 2012 Budget announcements.”
Family Law Week, 21st March 2012
Source: www.familylawweek.com
Government to consult further on introducing a general tax avoidance prohibition in 2013 – OUT-LAW.com
“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, the Chancellor confirmed in today’s Budget.”
OUT-LAW.com, 21st March 2012
Source: www.out-law.com
Channel Islands challenge VAT plan – The Independent
“The Channel Islands are urgently challenging the legality of proposals they fear could ‘devastate’ a thriving internet trade in VAT-exempt goods, including CDs and DVDs.”
The Independent, 13th March 2012
Source: www.independent.co.uk
