HMRC is seeking to recover hundreds of millions of pounds in tax from
employee benefit trusts, used by investment banks and companies to reduce tax on
When HMRC considers an issue is widespread or has common features, the cases
are dealt with by a centralised committee.
Eric Williams of Grant Thornton said the cases had been collected ‘around six
to nine months ago’ and that the Revenue would now be discussing points of
contention with key tax advisers.
HMRC recently won a key tax case on the issue against Dextra, part of the
There are believed to be several other types of trusts the Revenue is keen to
clamp down on.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay