On 8 September the All Party Parliamentary Group (APPG) on Responsible Tax launched an “Inquiry into public confidence in HMRC’s capability to collect tax fairly and effectively”. This consultation is the second workstream of the APPG and looks at levels of public confidence and trust in the capability of HMRC to collect tax fairly and effectively, including customer service experience and how HMRC fights tax avoidance and evasion. The consultation closes on 23 December 2016.
HM Treasury have published a consultation on a new tax relief for museums and galleries from April 2017, available on qualifying costs of both temporary and touring exhibitions. Comments are due by 29 October 2016.
HMRC have released guidance on tax avoidance, including information on what it is, what can happen to you if you enter into a tax avoidance scheme and how to get help to settle your tax affairs.
Argentina has been added to the list of countries that support the initiative to automatically exchange information on beneficial ownership.
Retail sales slowed in August as the Olympics and outdoor activities diverted shoppers' attention, according to the latest Retail Sales Monitor from the British Retail Consortium (BRC) and KPMG in the UK.