The impact of globalisation of tax, as seen from a PAC-led conference
Do HMRC operate within the confines of their charter?
Key activities for this week
G Laithwaite (TC3879)
Open and closed issues in summary
HMRC’s compliance office dedicated to the tax affairs of the country’s best-off people has passed a major landmark in its five-year history.
The high net worth (HNW) unit has collected more than £1bn in additional tax revenue since being formed in 2009, with £268m retrieved in 2013/14, according to a new Revenue report, which show a rise on the previous year’s £222m.
The 2012/13 tax gap was £34bn, or 6.8% of tax liabilities, according to newly released HMRC figures, which show a small rise on the £33bn (6.6%) in the previous year (revised down from an initial £35bn).
C Jordan (TC4010)
O O’Ryan (TC3956)
Taylor Made Consulting Ltd (TC4018)
Highlights from the event held at Baker Tilly’s Bloomsbury offices
Stamp duty penalties revised
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