Cloudtax News

UK Many of the excuses claim it was someone else’s fault – pets, girlfriends, work colleagues and even the President of the United States are named and blamed for taxpayers’ tardiness. The excuses were all used in unsuccessful appeals against HMRC penalties for late filing and payment. Here’s the full list: My pet dog ate my tax return…and all the reminders. I was up a mountain in Wales, and...
NZ From next year a significant new measure for countering tax evasion will become available to Inland Revenue, says Revenue Minister Todd McClay. The Convention on Mutual Administrative Assistance in Tax Matters, signed in 2012, provides for administrative co-operation between tax authorities in the assessment and collection of taxes. “From 1 January 2015 the convention becomes operative for New...