The Chartered Institute of Taxation (CIOT) has welcomed a change to the Government’s approach1 to improve tax compliance by large companies but remains sceptical about the effectiveness of a ‘special measures’ regime to target tax abuse.
The Chartered Institute of Taxation (CIOT), the Irish Tax Institute (ITI) and The Tax Institute of Australia (TTI) have published guidance for tax institutes seeking a licence from the CIOT to grant the designations ‘Chartered Tax Adviser’ and ‘CTA’ subject to conditions1.
The Low Incomes Tax Reform Group (LITRG) is troubled by HMRC’s decision not to include a helpline number on letters sent to Scottish taxpayers, which risks leaving people unable to get answers to their questions.
Tax advisers have welcomed the Government’s decision, announced today, to restrict the use of a new ‘strict liability’ offshore tax evasion criminal offence to situations where the amount of tax underpaid is £25,000 or more.
In implementing the digital tax account and other aspects of their ‘Making Tax Digital’ programme, the Low Incomes Tax Reform Group (LITRG) has called on HMRC to respect the rulings of the courts and make proper provision for those who find it difficult or impossible to use computers.
The Chartered Institute of Taxation’s Scottish Technical Committee has welcomed the announcement by the Chancellor that the decision to cut some tax credits will be reversed; these were due to be cut from April 2016.
In today's Autumn Statement, the Chancellor announced changes to two schemes that have not yet been introduced - the planned increased provision of free childcare from 15 hours to 30 hours and "tax-free childcare", a scheme to help parents meet childcare costs.