R&D tax changes risk deterring business investment, Lords report warns accountancyage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountancyage.com Daily Mail and Mail on Sunday newspapers.
The Economic Affairs Finance Bill Sub-Committee report on draft clauses in the Finance Bill 2022–23 focused on the reforms to research and development (R&D) tax relief that apply from 1 April.
HMRC told to ‘practise what it preaches’ as tax-avoidance evidence emerges
Parliamentary committee flags 15 occasions when department hired people using disguised remuneration schemes
Lord Bridges PA
25 Jan 2021
Members of a House of Lords committee have called on HM Revenue and Customs to “constantly review” the business practices of its contractors after it emerged that 15 were known to have used a controversial tax-avoidance measure the department is cracking down on.
Lord Bridges of Headley said the tax-collection agency needed to practise what it preached following a session of the upper chamber’s Economic Affairs Finance Bill Sub-Committee that heard HMRC knew people who worked for it had used so-called disguised remuneration schemes.
Lords committee report: UK Government must keep working to tackle tax avoidance promoters
Verdict Staff December 22, 2020 (Last Updated January 7th, 2021 15:31)
The UK government must ‘redouble’ its efforts to prevent the proliferation of new tax avoidance schemes, according to the UK’s House of Lords Economic Affairs finance Bill Sub-Committee’s report on the Government’s draft Finance Bill 2021, New powers for HMRC: fair and proportionate?
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The UK government must ‘redouble’ its efforts to prevent the proliferation of new tax avoidance schemes, according to the UK’s House of Lords Economic Affairs finance Bill Sub-Committee’s report on the Government’s draft Finance Bill 2021,