Our second Women in Finance ranking spotlights influential women across various sectors, including government, business, finance and accountancy, who ...
View articleHMRC looking to expand further on the 13% increase from civil investigations Read More...
View articleNew penalties are planned for those who enable the use of a tax avoidance scheme, announced in the Autumn Statement speech Read More...
View articleHMRC is leveraging sophisticated algorithms and big data sources to gather evidence with greater ease and efficiency than property raids Read More...
View articleIn 2016-17, the average length of time to settle a tax investigation rose to 34 months, up from 31 months in 2015-16. The tax authority has also incre...
View articleThe fines were made under the Senior Accounting Officer regime, with the total number of penalties issued having increased 150% over the past five yea...
View articleDiverted profits tax revenue collected by HMRC in 2016-17 totalled £281m, leaping from £31m collected in the previous year, according to data released...
View articleHMRC suspects big businesses may have underpaid £24.8bn in tax in the last year, a rise of 13% from the year before Read More...
View articleHMRC 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...
View articleThis 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...
View articleIn 2012, HMRC made 591 requests to foreign governments. In 2016, this number stood at 1096, a 7% increase on 1025 requests made in 2015 Read More...
View articleHMRC has increased investment in its Fraud Investigation Service staff, suggesting that investigations into large corporates may be in progress Read M...
View articleJoin us exactly one year on from the Brexit referendum on 23 June at 10:30am for an Accountancy Age webinar in which we discuss what it all means for ...
View articleA mere few weeks ago, a Conservative majority government seemed like a foregone conclusion. A strong theme has now emerged in reaction to the shock el...
View articleThe convention is designed to implement a minimum standard to prevent against treaty abuse and strengthen mechanisms for dispute resolution Read More...
View articleThe investigation relates to the financial statements of Rolls-Royce Group for the year ending 31 December 2010, and Rolls-Royce Holdings for the year...
View articleThe legislation, expected to be implemented in September 2017, will make businesses liable for criminal acts committed by employees who encourage or a...
View articleAPNs are issued to individuals and businesses who are suspected of having engaged in tax avoidance, and require full payment of the disputed tax withi...
View articleAdditional tax a result of compliance investigations by HMRC, but overall revenue falls Read More...
View articleAn 80% increase in additional revenue for HMRC coincides with a crackdown on income tax avoidance Read More...
View articleThe tax HMRC expects is underpaid by large companies through “transfer pricing” has risen by 60% Read More...
View articleBusinesses remain concerned about the upcoming changes with Brexit, but insolvency numbers have fallen during this third quarter Read More...
View articleHMRC 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 ...
View articleHMRC is now targeting over 1000 different types of tax planning schemes for the issuing of Accelerated Payment Notices (APN’s). HMRC has recently adde...
View articleUK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefo...
View articlePlans to fine accountants, tax planners and advisers who design, market or facilitate the use of tax avoidance arrangements go ‘too far’ and risk capt...
View articleAdvisers anticipate a surge in the number of new tax cases sent to the Court of Justice of the European Union (CJEU) following the UK’s decision to le...
View articleQueen's Speech legislation aims to crackdown on financial crime and protect those who have money in some auto enrolment schemes Read More...
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