The following comes from para 5.136 of the Pre_Budget Report: The Government continues to monitor the £18 VAT-free threshold for imports of small consignments from
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41% of all UK tax legislation tackles tax avoidance
The most common complaint heard from tax practitioners is about the volume of legislation that they face. New research by the Tax Justice Network, UK
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Richest 2% own ‘half the wealth’
The BBC has reported on a new report from the World Institute for Development Economics Research at the UN University. If you do nothing else
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An offshore amnesty?
Reports of a tax amnesty for those who have been hiding cash in off-shore accounts are sweeping the UK’s accounting press. Reports suggest that the
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Will the domicile rules go?
Wednesday sees Gordon Brown’s final pre-budget report. He’s been in the job for almost ten years now and yet one of his explicit 1997 pre-election
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We want a General Anti Avoidance Rule!
I’m always pleased to find common ground with people. On page 16 of this weeks Accountancy Age Richard Mannion, national tax director of Smith and
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Tax and society
It’s OK to quote Polly Toynbee now. David Cameron does. I’m on side, apparently. So take this from her column in the Guardian today: Yesterday,
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The Tax Gap hurts shareholders
The Wall Street Journal reported yesterday that: Publicly traded companies reduced their U.S. taxable income by at least $34.8 billion in 2004 through potentially abusive
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Accountants DO encourage tax abuse
Stuart Jones posted a comment on my piece called ‘Do small businesses evade tax?’. He said: I’m sorry Richard but there are limits: ” ‚͂Ķthe
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