IFRS Foundation cuts provision for HMRC tax inquiry

Marks & Spencer has won a Supreme Court ruling against HMRC in a case about group relief on subsidiary losses, which has run for ten years. This litigation concerns claims by Marks & Spencer plc (M&S) for group relief in respect of losses sustained ...

HMRC has issued its quarterly How are we doing? briefing looking at HMRC's performance against its targets for the financial year ending

Southend United Football Club has been issued with another winding up petition by HM Revenue & Customs (HMRC). The hearing over an unpaid tax bill will be heard on Monday 24 June at the Royal Courts of Justice in London. The wind up petition is the ...

Crocus Consulting ( www.crocus-consulting.com ), an Oracle Gold Partner , has launched a Global Payroll Special Interest Group (SIG). The SIG which brings together HMRC (Her Majesty's Revenue & Customs), Oracle and many of the UK's leading employers ...

"We-re also asking wealthy people to pay more tax, we-ve put more resources, a billion pounds more resources, into HMRC's work on cracking down on tax dodging " to raise an extra £9bn a year by the end of this parliament.? - Danny Alexander, chief ...

SOME MEMBERS of limited liability partnerships, including accountancy firms, could end up paying higher tax and national insurance contributions as a result of government proposals published this week. HMRC is consulting on the tax rules governing ...

UK/Irelan

Billions of pounds of taxpayers' money is being lost because of the failure of HM Revenue and Customs to clamp down effectively on fraud and error, MPs have warned. The Commons Public Accounts Committee said HMRC was set to achieve less than half ...

HMRC has announced that more than five million people paid the wrong amount of tax in the 2012/13 financial year. Three and a half million will enjoy a tax refund, but two million will have to pay an average of between £400 and £500 as theyve ...