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United Kingdom Introduces ‘Name And Shame’ Tax Cheat Law
Taxpayers and companies who deliberately evade taxes in the United Kingdom face having their name, address and details of their evasion made public after new legislation was put into force today. HM Revenue & Customs (HMRC) will be able to publish...
Computer Games Industry is Key to the Future Economic Success of Scotland
UK Minister for Digital Britain Stephen Timms is to say that the computer games industry is key to the future economic success of Scotland and will continue to support jobs and innovation in Dundee. Abertay university is at the center of the successful...
Treasury Minister Calls Offshore Tax Evasion “morally Unacceptable”
U.K. Treasury Minister Stephen Timms has called offshore tax evasion “morally unacceptable” as HM Revenue and Customs’ announced that some 10,000 people had notified their intention to disclose previously undeclared offshore income and...
Firms Causing Nuisance to U.K. Consumers Through Silent And Abandoned Calls Facing Massive Fines
Firms which cause nuisance and distress to U.K. consumers through silent and abandoned calls could face fines of up to £2 million under new Government proposals. The current maximum penalty stands at £50,000. Silent calls are generated when call centers...
UK’s Digital Infrastructure is Set to be Boosted By the Roll-out of Next Generation Wireless Broadband Services
The UK’s digital infrastructure is set to be boosted by the roll-out of next generation wireless broadband services and enhanced 3G coverage to as much as 90% of the country. The Government has launched a consultation setting out its intention to implement...
British Film Makers Receive Tax Relief Support for Over 170 Films
In 2008/09 over £100m of support has been provided for the production of over 170 UK films. Since its introduction in 2007 film tax relief has been successful in promoting the sustainable production of British films. The relief increases the amount of...
U.K. And Switzerland Agree to Exchange Tax Data
A Protocol delivering comprehensive exchange of information up to OECD and international tax standards between Switzerland and the UK, which covers UK taxes of all kinds, has been signed in London by The Financial Secretary to the Treasury, the Right...
U.K. Government Publishes Ideas to Allow for Swifter And More Flexible Measures to Tackle Unlawful Peer-to-peer File-sharing
New ideas to allow for swifter and more flexible measures to tackle unlawful peer-to-peer (P2P) file-sharing have been published by the U.K. Government. The Government is seeking views on the idea of including a power, under the forthcoming Digital Economy...
