A trifle delayed.
- The Finance Bill received its third reading on 2 July and so is substantively enacted from that date
- HMRC held an open meeting on the consultation on corporate and government debt; slides from the meeting are
For more on the connsultation see posts of 6,12 and 20th June.
- Interesting comment from George Osborne
" When it comes to Her Majesty’s Revenue &
Customs, despite the fact that this department will see a 5% reduction
in its resource budget, we are committed to extra resources to tackle
tax evasion.
The result is that we expect to raise over £1bn more in tax revenues from those who try and avoid paying their fair share.’"
There's a comment on the government's plans to raise revenues from unspecified anti - avoidance measures in the post of 22 March on the 2013 budget.
- HMRC have issue a briefing note on the Deutsche VAT case on whether VAT should be charged on portfolio investment management charges.
- There is a HMRC consultation on Withdrawing relief for interest on loans to to purchase life annuities.
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