U.K. set to push contentious measures as Brexit talks continue

The U.K. government set out plans to introduce a Taxation (Post-Transition Period) Bill and revisit the controversial United Kingdom Internal Market Bill, while EU diplomats reportedly warned that substantial gaps remained in post-Brexit trade talks. The House of Commons will consider on December 7 amendments made by the House of Lords to the United Kingdom Internal Market Bill, LeaderContinue reading “U.K. set to push contentious measures as Brexit talks continue”

U.K. tax scheme promoters face new sanctions

Tax avoidance is not as widespread as people might think, HM Revenue & Customs said as it announced that scheme promoters responsible for misleading advertising will face new sanctions. An enforcement notice published jointly by HMRC and the United Kingdom’s Advertising Standards Authority requires promoters to be “clear about the potential consequences of tax avoidance”Continue reading “U.K. tax scheme promoters face new sanctions”