Treasury resources were 'stretched and unprepared' for the 2008 financial crisis, according to a damning new report.
Suzi Edwards, senior manager in the Deloitte Stamp Tax Consultancy, examines the potential success of the proposed UK contractual fund against its European competitors for UK stamp tax purposes.
Five current and former employees of Royal Bank of Scotland's(RBS)investment banking arm have been arrested as part of a wider investigation into tax evasion thought to involve at least two other City banks.
The US Treasury today issued updated proposals designed to fight offshore tax evasion.
Tottenham Hotspur manager Harry Redknapp and his co-defendant Milan Mandaric have been found not guilty of attempting to cheat HMRC in the conclusion of their tax evasion trial.
The government has relaxed the tax rules on Property Authorised Investment Funds (PAIFs) and REITs in a move set to increase the number of these vehicles in the marketplace.
The government's recent consultation into VCTs and EISs has closed and we are about to learn of HMRC's proposed changes to the rules when they are announced around the time of the Chancellor's Autumn Statement on 29 November.
Vince Cable, the business secretary, has been embarrassed after being fined £500 by HM Revenue and Customs for failing to pay VAT on his extra-curricular earnings.