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HMRC has clarified its practice and made administrative changes.

Reforms to corporation tax loss relief: consultation on delivery.

Online messages will alert taxpayers to mistakes as they complete their SA returns using HMRC’s software.

The minimum standard rate is aimed at preventing an excessive divergence in VAT rates.

HMRC’s special units have recovered some £500m over five years.

And the winner is....

The value of shares has become negligible.

Offshore owners will have to register ownership.

Changes to entrepreneurs’ relief cause peak in wind-ups.

Pension schemes newsletter 78 - May 2016

Three government advisory services will be revamped.

Smaller companies are most likely to have compliance problems.

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