Management of Taxes

 


This Call for Evidence is exploring options to tackle ESS. ESS is where businesses or individuals use technology to reduce artificially their reported sales and corresponding tax liabilities.

The CIOT response to the HMRC call for evidence on Amendments to Tax Returns.

MPs on the Finance (No.3) Bill public bill committee debated and agreed the final clauses (clauses 79-92) of the Bill on the morning of Tuesday 11 December. This included consideration of clauses 79 and 80 (offshore time limits).

Second and final day of Finance Bill Committee of Whole House, debating clauses, new clauses and amendments about gaming duty and fixed odds betting terminals, and tax avoidance and evasion. The government accepted opposition proposals and made its own amendments.

Finance Bill (No.3) began its committee stage today with two days of Committee of the Whole House scheduled for today and tomorrow. The clauses debate today focused on tax thresholds and reliefs and on Brexit.

The House of Lords Economic Affairs Committee Finance Bill Sub-Committee are holding an oral evidence session on Draft Finance Bill 2018 with representatives from HMRC. The CIOT are liveblogging the session from 4pm today (Mon).

The CIOT comments on the House of Lords Economic Affairs Finance Bill Sub-committee Inquiry on the draft Finance Bill 2018.

The House of Lords Economic Affairs Finance Bill Sub-Committee will take oral evidence on HMRC Powers and Making Tax Digital from LITRG and others today as part of its inquiry into Draft Finance Bill 2018. A liveblog appears below.

The House of Lords Economic Affairs Finance Bill Sub-Committee took oral evidence on Making Tax Digital and HMRC Powers today as part of its inquiry into Draft Finance Bill 2018. A liveblog appears below.

This was a fairly quiet conference on the tax front for the Conservatives, new announcements limited to a stamp duty increase for foreign buyers, edging a little closer to a Digital Services Tax, tweaks to the apprenticeship levy and another year of a fuel duty freeze. Various outriders would like to see more radical changes though – especially corporation tax cuts – and there are hints these might be considered depending on the outcome of the Brexit process.