Tax Avoidance

Reed Group Salary Sacrifice Scheme fails in the Court of Appeal

Posted on

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 »

Advertisements

HMRC open consultation – Improving large business tax compliance

Posted on Updated on

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 »