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Big Four dragged into Luxembourg tax controversy

The world’s four largest audit firms are getting a taste of the controversy that surrounds Luxembourg and its facilitation of multinationals decreasing tax bills.

Although the focus was (more…)

Scotland should set own tax rates, says Smith Commission

The Smith Commission, the body responsible for investigating devolution, feels that parliament north of the border should set Scottish income bands and (more…)

Backlogged tax disputes building up

HMRC’s toughened stance on tax avoidance issues has resulted in a record number of unsolved tax disputes piling high, at 27,246.

Pinsent Masons, a legal firm, explained that there is (more…)