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Expats who revisit the UK are being urged to brush up on strict new rules over their tax residence status
The Statutory Residence Test was announced by the Treasury in the 2011 Budget and will be introduced on the 6th April to clarify the definition of a UK resident. As part of the new Finance Bill, the three-part assessment will …
Advice for those selecting an accountant to file tax returns
There are many wonderful aspects to working as a contractor. You've got the freedom to work the hours that suit you. You can select projects that you are
Contractors warned over looming online tax return deadline
As HM Revenue and Customs (HMRC) threatens 300,000 late filers with debt-recovery actions that could include the seizure of goods, accountancy experts have issued a warning to contractors
Multinational companies to feel increased pressure from local tax authorities
Is it inevitable that multinational companies pay pitifully small sums in tax relative to huge profits? Not necessarily because amid growing political and public outrage at how multinationals organise
Starbucks agrees to pay more UK tax
The UK arm of US coffee chain Starbucks Corporation (Nasdaq:SBUX) announced today that it would pay more tax and
HMRC non-executive board members have strong links with big business
All four non-executive board members of HM Revenue & Customs (HMRC) have extensive links with big business, leading to wide-ranging calls for HMRC to make its key strategic
IRS whistleblower receives $38m for information on tax avoidance
The US-based Ferraro Law Firm announced said that the US tax collection agency Internal Revenue Service ("IRS") has awarded USD 38m to one of its clients for providing information about a tax avoidance
US coffee giant Starbucks dodges UK income tax
Starbucks has paid just £8.6m in UK taxes over the last 14 years according to a special report by Reuters. The news agency also reports that the Seattle
British clients of HSBC-controlled bank in Switzerland avoid £200m in taxes
British clients of an HSBC-owned private Swiss bank that is the focus of a major HM Revenue & Customs investigation are alleged to have evaded tax by an amount likely
British government proposes crackdown on tax avoidance firms
The UK government said on Monday that it planning a new proposal which is designed to force finance companies to hand over the client lists of tax dodgers
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