Speaking at the Oxford University Centre for Business Taxation’s summer conference this week, representatives of business and HM Revenue & Customs (HMRC) set a constructive tone to resolving disputes.
Exchequer Secretary, David Gauke, defended the UK government’s record on tax as he addressed Oxford University Centre for Business Taxation’s (CBT) summer conference this week.
The Treasury has announced that the annual rate of the Ring Fence Expenditure Supplement (RFES) for the North Sea will be increased from 6% to 10% in an attempt to appease oil companies angry over higher oil taxes announced in this year’s budget.