The Court of Appeal have today decided the Reed Group salary sacrifice appeal in HMRC’s favour, ex tempore, with reasons to follow.
Subject to a further appeal, this means that a number of Reed group companies face a liability of up to £158m in unpaid tax and national insurance contributions. Read the rest of this entry »
At Summer Budget 2015, the UK government confirmed its intention to consult on measures intended to improve large business tax compliance.
HMRC’s ‘man-marking’ approach to large businesses has proven to be very successful. However, some large businesses have yet to adopt the best practice in tax compliance, while a small number persist with aggressive tax planning, and/or resist full and open engagement with HMRC. Read the rest of this entry »