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Revenue news

07 April 2005
Issue: 4002 / Categories: News , HMRC powers
New powers, Chinese agreement and Pre-owned assets.

New powers

The Government has launched the review of the powers deterrents and safeguards that will underpin HM Revenue and Customs with the publication of a consultation document 'HM Revenue and Customs and the taxpayer: Modernising powers deterrents and safeguards'. 
The document can be found on www.inlandrevenue.gov.uk or can be obtained from local tax offices. Comments on the document should be sent by 13 June 2005 to HMRC and the taxpayer Room 1C/03 1st Floor 1 Parliament Street London SW1A 2BQ fax: 020 7147 2460 e-mail: Angela.Shore@ir.gsi.gov.uk.
(www.inlandrevenue.gov.uk)

Chinese agreement

Discussions are to be held soon about a new comprehensive double taxation agreement between the UK and the People's Republic of China to replace the existing agreement signed in 1984. Representations should be sent to: Ann Marsh Revenue Policy International Inland Revenue...

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