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  • No tax relief for McLaren fine

    No tax relief for McLaren fine

    Formula 1 racing giant McLaren has lost its claim that a £32 million fine imposed against it by the sport’s governing body should be tax deductible.

  • Digital services suppliers get one-stop EU VAT service

    Digital services suppliers get one-stop EU VAT service

    Businesses supplying digital services – broadcasting, telecoms and e-services such as smartphone games and other apps – across the European Union will be able to use a one-stop VAT service from January.

  • Glasgow workshop offers small high-tech firms advice on innovation

    Glasgow workshop offers small high-tech firms advice on innovation

    Small and medium-sized high-tech companies are being invited to a free workshop in Glasgow on support available for business growth, research and development (R&D) tax credits and innovation. The event will be held on Wednesday 18 June at IET Glasgow, Teacher Building, 14 St Enoch Square.

  • Tribunal tears up Next’s tax relief claim

    Tribunal tears up Next’s tax relief claim

    A multi-million pound tax allowance claim made by one of the UK’s largest clothing retailers has been rejected for the second time by a tax tribunal.

  • HMRC gains record revenues with crackdown on tax dodgers

    HMRC gains record revenues with crackdown on tax dodgers

    New figures published today show that HM Revenue and Customs (HMRC) secured a record £23.9 billion in additional tax revenue over the last year as a result of increased activity to make sure people pay the taxes they owe.

  • HMRC defeats NT Advisors again at a tax tribunal

    HMRC defeats NT Advisors again at a tax tribunal

    Another avoidance scheme designed by NT Advisors has been defeated at a tax tribunal. HM Revenue and Customs (HMRC) scored its fifth victory against schemes promoted by Matthew Jenner and his firm, bringing the total tax protected to more than £750 million. Recent defeats for the promoters include “Working Wheels”, where participants claimed to be second-hand car dealers.

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