Following widespread media scrutiny of the rate of tax paid by Google, HMRC has taken the unusual step of issuing a press release defending its record of dealing with the search engine giant in particular, and multinational corporations in general. The statement, or ‘factsheet’, claims to be ‘setting out some facts to help dispel myths ... Read More
HMRC has published its list of the ten worst excuses for missing the self assessment filing deadline. The excuses were all used in unsuccessful appeals against HMRC penalties for late 2014 tax returns, and the chosen top ten were: My tax papers were left in the shed and the rat ate them I’m not a ... Read More
Airport retailers could be forced to pass on VAT discounts to those travelling to non-EU destinations after the Government announced a review into the issue. The review will ensure that VAT relief in airport retail outlets is providing savings for travellers, not for retailers. The Treasury has reported that some shops are keeping an estimated ... Read More
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