Some recent press coverage in the UK could suggest that business spends its time doing everything it can to dodge every tax it owes. But Richard Woolhouse, of the Confederation of British Industry (CBI), says the facts show how far from the truth this is.
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap