Tax & Technical
Best Practice | 11 Jan 18
HMRC penalty policy needs urgent clarification
UK taxpayers owning up to past mistakes could face a 10% fine, according to changes to HM Revenue & Customs’ penalty factsheets.
Tax & Technical | 11 Jan 18
Common Reporting Standard’s conflict with data human rights
The intrusive Common Reporting Standard will only be curbed if someone is prepared to sacrifice their own privacy in a test case to assert the right to privacy for everyone, according to a partner at British law firm Mishcon de Reya.
Tax & Technical | 10 Jan 18
Adviser banned over unpaid Harlequin fine
A UK financial advice firm has been shut down for failing to pay an Ombudsman fine levied for advice given on a notorious defunct Caribbean hotel scheme.
Best Practice | 8 Jan 18
Appleby defeat will mark ‘open season’ on offshore tax planning
The flood gates will open for so-called ‘hacktivists’ to attack the offshore industry if the law firm at the heart of the Paradise Papers loses its legal case against two UK publications, according to a leading lawyer.
EU tax evasion and money laundering rules come into force
The EU’s long anticipated tax cooperation directive (2011/16) has come into full effect.