January 2013

 Big Four called to question on Tax Avoidance by PAC 

 Case Report: Foulser & Anor v Revenue and Customs Commissioners [2013] UKUT 038 (TCC)  

 Hartnett joins scandal-hit bank’s financial crime committee 

 LITRG backs OTS call to scrap 10% tax – with provisos 

 FRC drops investigation into E&Y Lehman audit 

 Case Report: Thomas v FOD Financien [2013] TC 02463 

 Osborne's tax policy is add two, remove one 

 Case Report: Finger Foods Ltd [2013] TC 02454 

 Case Report: Fergus [2013] TC 02452 

 Calls for fizzy drinks tax in Budget 2013 

 Banks pay HMRC half a billion Swiss francs 

 E&Y’s Otty calls for law change over corporation tax row 

 Direct sellers have one month to settle tax bills 

 'Dutch sandwich' likely to stay on tax menu 

 UK GDP nudges down 0.3% 

 Settlement opportunity for sole traders in tax avoidance schemes 

 Isle of Man to co-operate with Jersey & Guernsey over tax 

 Interim GAAR panel members confirmed 

 Illicit vodka distillery trio jailed 

 Cameron’s attack on UK accountants draws professional ire 

 Case Report: Woningstichting Maasdriel v Staatssecretaris van Financiën (Case C-543/11) 

 Consultation: improving charitable giving 

 EU ebook VAT rate consultation result awaited 

 HMRC Brief 02/2013 - VAT liability of rooms provided in hotels or similar establishments with catering 

 HMRC warns of only a week to file tax returns 

 IMF’s chief economist urges UK to slow austerity cuts 

 Tax trio appear before Lords finance committee 

 Case Report: R (on the application of Prudential plc & Anor) v Special Commissioner of Income Tax & Anor [2013] UKSC 1 

 EU agreement on enhanced cooperation for FTT 

 OTS publishes recommendations on pensioner taxation 

 PIRC urges companies to ‘fess up on bonus tax deferrals 

 Supreme Court rules on the extension of Legal Professional Privilege 

 VAT Information Sheet 02/13 - Electronically supplied services: Special Scheme for non-EU businesses 

 Top tax lawyers cast their views on GAAR 

 Tax contribution of UK’s biggest businesses stable, says group 

 Self Assessment - make sure you use the right reference number 

 Entry into force of the UK-Belgium Double Taxation Agreement 

 EU Commission publishes VAT rates 

 £26m tax boost from HMRC voluntary sector projects 

 Government backs Lords stance on female board quotas 

 Taxman to recruit additional 100 ‘affluent compliance team’ inspectors 

 SI 2013/5 - Tonnage Tax (Training Requirement) (Amendment) Regulations 2013 

 HMRC victorious in medical research tax scam  

 Countdown to tax return deadline 

 CIOT’s John Whiting joins HMRC as NED 

 Bitter tax blow for ale appreciators 

 Director sentenced for fraud and false accounting 

 One HMRC bank account for employers from April 2013 

 HMRC sees the funny side of PAYE 

 HMRC doubles powers of distraint use 

 Further draft legislation for Finance Bill 2013 

 Entry in to force of the Second Protocol to the UK/Singapore Double Taxation Agreement 

 Cayman Islands to prise open secrecy 

 Singapore ranked world's most dynamic economy 

 US sets out final FATCA regulations 

 HMRC transfer pricing probes up by 47% 

 Case Report: Daniel v Revenue and Customs Commissioners [2012] EWCA Civ 1741 

 CPS to target ‘middle-class’ tax evaders 

 Big Four tax chiefs to appear before PAC on 31 January 

 Amendment of the UK/Switzerland Double Taxation Convention 

 Average global corporation tax hits 24.4%, says KPMG 

 Case Report: Taylor Clark Leisure Plc [2013] TC 02443 

 Case Report: Usha Martin (UK) Ltd [2013] TC 02444 

 Goldman climbs down from deferred bonus plans 

 HMRC Sideways Loss Relief Settlement Opportunity 

 Potential buyers sniffing around beleaguered HMV  

 Renewed hope for the ‘meatball sub’ VAT case 

 Case Report: Brand [2013] TC 02434 

 Case Report: Edoh [2013] TC 02438 

 Pressure mounts on MPs to review retrospective s58 tax rule 

 Play.com ends retail business 

 SEC charges KPMG auditors for failed bank audit 

 Case Report: Ellis (The Estate of AR Ellis, Deceased) [2013] TC 02426 

 Case Report: Sere Properties Ltd [2013] TC 02429 

 SNP accused of over-egging North Sea oil tax figures 

 Stringfellows wins unfair dismissal appeal 

 Whisky tax 'could benefit Scots' 

 Campaigner criticises MPs over avoidance debate 

 Businesses warned on late VAT returns 

 Banks doubt standard-setters' convergence timing 

 Simpler income tax for small businesses: further legislation  

 ECJ ruling backs HMRC over Grattan VAT payments 

 Child benefit rules kick in  

 Yetis [2012] TC 02410 

 McAndrew Utilities Ltd [2012] TC 02406  

 Hogben [2012] TC 02419  

 CT600 Budget Insert 2012 - Annual Investment Allowance changes 

 Case Report: Grattan plc v R & C Commrs (Case C-310/11)  

 Accountant kicked out of ICAEW over £90K IS blunder  

 HMRC Notice 700/17 Funded pension schemes  

 HMRC leaves 300,000 families uninformed of child benefit changes  

 HMRC publishes list of top tax criminals of 2012  

 Historic Swiss bank to close after US tax evasion scandal  

 FDs seek simpler financial statements  

 155,000 high earners opt out of child benefit  

 Top earners in US face income tax increase 

 West Midlands international tobacco gang jailed 

 Machines Games Duty deadline set for 11 January 

 HMRC sees sharp rise in Christmas tax returns 

 French court outlaws 75% super tax rate 

 Deadline for opting out of Child Benefit changes imminent