New IR35 briefing offers support for businesses and comfort for contractors
HMRC

New IR35 briefing offers support for businesses and comfort for contractors

4y Leanna Reeves

New IR35 briefing offers support for businesses an...

Whilst many struggled to comply with new off-payroll changes due to a lack of detail in the IR35 report, HMRC has released a new briefing with detaile...

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Myths about HMRC's powers means it can overreach in civil inspections, experts warn
HMRC

Myths about HMRC's powers means it can overreach in civil inspections, expe...

4y Leanna Reeves

Myths about HMRC's powers means it can overreach i...

Experts have warned accountants and tax advisors about common myths regarding HMRC’s powers, believing it can overreach during civil inspections. Read...

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HMRC fraud investigations to have netted more than £610m since 2016
HMRC

HMRC fraud investigations to have netted more than £610m since 2016

4y Leanna Reeves

HMRC fraud investigations to have netted more than...

The results acquired through a Freedom of Information Report (FOI) showed that HMRC's yield from investigations exceeded £610 million since the year 2...

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ATT calls for clarity on off-payroll changes
HMRC

ATT calls for clarity on off-payroll changes

5y Leanna Reeves

ATT calls for clarity on off-payroll changes

ATT believes HMRC's guidance document, released late August this year, lacks detail. Read More...

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Loan charge to remain in force while new review is underway
HMRC

Loan charge to remain in force while new review is underway

5y Leanna Reeves

Loan charge to remain in force while new review is...

Review into controversial loan charge is set to provide independent recommendations by mid-November - but is too late for many. Read More...

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HMRC’s yield from investigations into wealthy individuals hits record
Personal Tax

HMRC’s yield from investigations into wealthy individuals hits record

5y Leanna Reeves

HMRC’s yield from investigations into wealthy indi...

HMRC has experienced an increase in its revenue due to further investigations in the year 2018/19. Read More...

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Boris Johnson should order a Loan Charge review before it's too late
Tax

Boris Johnson should order a Loan Charge review before it's too late

5y Chris Jewers

Boris Johnson should order a Loan Charge review be...

It is easy to see why many contractors and freelancers are worried about the impact of this charge. If the charge is not suspended, up to 50,000 peopl...

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HMRC issuing ‘nudge letters’ nationwide in bid to catch offshore tax evaders
HMRC

HMRC issuing ‘nudge letters’ nationwide in bid to catch offshore tax evader...

5y Shannon Moyer

HMRC issuing ‘nudge letters’ nationwide in bid to ...

The regulatory body is continuing to crack down on undeclared offshore assets, finances and underreported taxes. Read More...

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Insolvency implications – extending joint and several liability
Tax

Insolvency implications – extending joint and several liability

5y Emma Rawson , ATT Technical Officer

Insolvency implications – extending joint and seve...

ATT's Technical Officer Emma Rawson talks about new powers for HMRC, Tax avoidance and evasion cases and the scope for uncertainty Read More...

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UK presses ahead with digital services tax
Tax

UK presses ahead with digital services tax

5y Chris Jewers

UK presses ahead with digital services tax

The UK and France are pressing ahead with a digital services tax (DST) in the face of pressure from the US Read More...

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Taxing tech giants: the challenges accountants should know
Tax

Taxing tech giants: the challenges accountants should know

5y Dave Beach

Taxing tech giants: the challenges accountants sho...

As the OECD delivered its global approach to taxing digital services, tax experts warn current accounting norms are due to be axed, with challenges an...

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Which UK town has the most tax avoidance?
Tax Avoidance

Which UK town has the most tax avoidance?

5y Beth McLoughlin

Which UK town has the most tax avoidance?

Commuter belt St Albans is the worst part of the UK when it comes to unpaid tax according to research by UHY Hacker Young Read More...

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Autumn Statement: tax gap under further attack
Corporate Finance

Autumn Statement: tax gap under further attack

6y Stephanie Wix , Writer

Autumn Statement: tax gap under further attack

New penalties are planned for those who enable the use of a tax avoidance scheme, announced in the Autumn Statement speech Read More...

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HMRC’s refusal to raid top Tory donor Lycamobile to be investigated by MPs
Big Four

HMRC’s refusal to raid top Tory donor Lycamobile to be investigated by MPs

6y Accountancy Age

HMRC’s refusal to raid top Tory donor Lycamobile t...

After a French probe into Lycamobile uncovered money laundering and tax fraud, HMRC refused to raid the company, citing its political donations Read M...

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Incoming FCA chair admits “error in judgement” over investment in tax avoidance scheme
HMRC

Incoming FCA chair admits “error in judgement” over investment in tax avoid...

6y Accountancy Age

Incoming FCA chair admits “error in judgement” ove...

Randell took responsibility for the mistake but said the scheme had been discussed with senior policy officials at HMRC “who had indicated that they a...

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EU parliament to launch tax inquiry in the wake of the Paradise Papers
Legal

EU parliament to launch tax inquiry in the wake of the Paradise Papers

6y Accountancy Age

EU parliament to launch tax inquiry in the wake of...

The committee's remit will cover EU VAT fraud, non-dom rules and the EU tax haven black list Read More...

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Paradise Papers: The role of the accountant
HMRC

Paradise Papers: The role of the accountant

6y Accountancy Age

Paradise Papers: The role of the accountant

The leaks have reignited a public debate about the structures that permit tax avoidance and the professionals complicit in creating them Read More...

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HMRC triumphs over tax avoidance scheme expected to net £325m
HMRC

HMRC triumphs over tax avoidance scheme expected to net £325m

6y Accountancy Age

HMRC triumphs over tax avoidance scheme expected t...

The Upper Tribunal ruled the scheme was “artificial and uncommercial” Read More...

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Newcastle United tax probe: High Court rules in favour of HMRC
Tax Avoidance

Newcastle United tax probe: High Court rules in favour of HMRC

6y Accountancy Age

Newcastle United tax probe: High Court rules in fa...

Newcastle United football club has lost a challenge in the High Court over the legality of HMRC’s seizure of documents as part of raids of club premis...

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Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay
Corporate Tax

Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

6y Accountancy Age

Big names, little tax: Airbnb, Facebook, Kellogg’s...

Global corporations are under increasing scrutiny over how much corporation tax they pay. So who are the latest big names hitting the headlines over t...

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Amazon ordered to pay €250m in back taxes by the EC
Tax Avoidance

Amazon ordered to pay €250m in back taxes by the EC

7y Accountancy Age

Amazon ordered to pay €250m in back taxes by the E...

The European Commission has ruled that Amazon must pay €250m in back taxes to Luxembourg, in the Commission’s latest efforts to crack down on tax avoi...

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EU divided over radical tax reforms targeting tech giants
Corporate Tax

EU divided over radical tax reforms targeting tech giants

7y Accountancy Age

EU divided over radical tax reforms targeting tech...

The EU is deeply divided over how to increase the tax take from tech giants such as Google, Apple and Amazon, who have recently come under fire for be...

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KPMG rocked by South African corruption scandal
Audit

KPMG rocked by South African corruption scandal

7y Accountancy Age

KPMG rocked by South African corruption scandal

KPMG’s South African branch has come under fire after becoming caught up in a growing corruption scandal surrounding one of the country’s most influen...

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HMRC probing Manchester United players over image rights tax dodges
HMRC

HMRC probing Manchester United players over image rights tax dodges

7y Accountancy Age

HMRC probing Manchester United players over image ...

HMRC is probing at least two Manchester United players over potential image rights tax dodging that allegedly occured over the 2014-2015 season Read M...

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Large businesses may have underpaid £25bn in tax
Tax Avoidance

Large businesses may have underpaid £25bn in tax

7y Accountancy Age

Large businesses may have underpaid £25bn in tax

HMRC suspects big businesses may have underpaid £24.8bn in tax in the last year, a rise of 13% from the year before Read More...

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HMRC wins 22 out of 26 tax avoidance cases in 2016-17
HMRC

HMRC wins 22 out of 26 tax avoidance cases in 2016-17

7y Accountancy Age

HMRC wins 22 out of 26 tax avoidance cases in 2016...

HMRC lost only three out of 26 tax avoidance cases taken to court last year and had one mixed result, positioning them as a formidable force Read More...

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HMRC dawn raids increased by 34% in five years
HMRC

HMRC dawn raids increased by 34% in five years

7y Accountancy Age

HMRC dawn raids increased by 34% in five years

This is part of HMRC’s efforts to clamp down on white collar tax evasion, and new legislation criminalising failure to prevent tax evasion will give H...

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