Communication is king

Article Abstract:

The U.K. Revenue & Customs faced a couple of public relations disasters February 2007 when it issued new advisory fuel rates for company cars giving only 72 hours notice, and with the confusion over the small companies e-filing incentive. However, those who filed their tax returns at the last minute, only to find that industrial action by the department made it impossible to file by hand, were assured by the Revenue that the no late filing penalty would be charged and the enquiry window would not be extended.

Tax returns

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Tax update

Article Abstract:

Various amendments, most of which are welcome, have been made to the Finance Bill 2004 regarding the disclosure of tax schemes. For example, changes to ensure that only those people at the heart of a scheme or arrangement and those who are capable of meeting the obligations, will be treated as promoters.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Reporting & Disclosure, Financial Regulation & Reporting, Financial disclosure

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Revenue loses Eversden appeal

Article Abstract:

The results of a UK inheritance tax case are discussed.

Inheritance Taxes, Company legal issue, Cases, Administrative agencies, Government agencies, Inheritance tax, United Kingdom. Board of Inland Revenue

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