The Chartered Institute of Taxation has criticized a new UK government proposal to extend significantly the tax assessment time limits in cases involving offshore tax matters.

In a first update since August 2006, HM Revenue and Customs has redrafted its value-added tax guidance on the due diligence businesses must undertake to ensure they do not engage in transactions with fraudsters.

The UK tax agency, HM Revenue and Customs, on April 16, 2018, released proposed changes to the list of amendments it intends to make to its bilateral double tax avoidance agreements through the OECD's base erosion and profit shifting multilateral instrument.

The UK Government has opened registration for its Fulfilment House Due Diligence Scheme (FHDDS), which is intended to ensure that fulfillment houses report VAT by online traders based outside the EU.

The UK Government has opened registration for its Fulfilment House Due Diligence Scheme (FHDDS), which is intended to ensure that fulfillment houses report VAT by online traders based outside the EU.

Following the end of a consultation, the UK Government has said it will now engage with stakeholders on the development of guidance on the regime provided for in The Value Added Tax (Amendment) Regulations 2018, tabled in the House of Commons on February 28, 2018, to provide for the introduction of new digital tax administration obligations for value-added tax registered persons in the UK.

HM Revenue and Customs, the UK tax agency, has lauded a ruling in its favor secured before the courts that will save the UK exchequer tens of millions of pounds in related tax-avoidance cases.

HM Revenue and Customs (HMRC) has warned UK taxpayers that the deadline for disclosing offshore assets before tougher penalties are introduced is approaching, and has announced new proposals to provide more time for it to investigate someone who has failed to declare the right amount of tax.

The UK Government has released The Value Added Tax (Amendment) Regulations 2018, which were tabled in the House of Commons on February 28, 2018, to provide for the introduction of new digital tax administration obligations for value-added tax registered persons in the UK, stemming from the Government's Making Tax Digital (MTD) project.

The Irish Government has published a new study on the impact Brexit could have on trade, which warns that in a worst-case scenario, Ireland's GDP growth could be reduced by seven percent by 2030.