UK Tax

Supreme Court Settles Eclipse 35 Dispute

The sun has set on litigation that started in 2012 between HMRC and Eclipse Film Partners No 35 LLP (“Eclipse 35”). The Supreme Court comprising of five Lords has refused Eclipse 35 permission to appeal. The permission to appeal was...

A Budget for Working Families?

The government made a commitment to raise the personal allowance to £12,500 and the higher rate threshold to £50,000 by the end of this parliament. The measures announced today have been billed as a step towards achieving this objective. The...

The continuing non-dom story

We said yesterday that Labour was proposing the effective abolition of non-dom status should it form the next government and said that the position of so called ‘hereditary non-doms’ was particularly hard to justify. Whilst the Labour proposals attracted the...

Tax Transparency: Our upcoming debate

How can public understanding and tax transparency shape policy and the role of a trusted advisor? The discussion papers that will be used to explore these issues at an exclusive debate in Westminster next Tuesday, 8th of July are now...

UK Tax Authority Under Attack

In the UK, The Independent newspaper is today running the headline “Take from the poor, but not the rich”, following the publication of the UK Public Accounts Committee (PAC) report on HMRC tax collection. The main challenges to HMRC were...

Vodafone and Tax Transparency

Today Vodafone published its own “tax transparency” report. Channel 4 news has covered the story, quoting Richard Murphy describing it as “smoke and mirrors”. Other criticisms of the report are “selective PR” and a “long excuse for (poor) behaviour”. What...

Tax Avoidance – a Global Issue

In the two weeks since the launch of Mazars response to the Tax Transparency debate we have received considerable interest from business, media and from non-government organisations (NGOs). It is clear from our discussions with businesses ranging from global, brand...