HMRC seeks data from Crypto Exchanges to combat tax evaders

HMRC HMRC seeks data from Crypto Exchanges to combat tax evaders

5y Chris Jewers

HMRC seeks data from Crypto Exchanges to combat ta...

Three exchanges that do business in the UK – Coinbase, eToro and CEX.IO - have reported that they have received letters from HMRC in the last week req...

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Dawn raids – what to do when HMRC come knocking

Tax Dawn raids – what to do when HMRC come knocking

5y Rachel Cook, Senior Associate, Peters & Peters

Dawn raids – what to do when HMRC come knocking

Peters & Peters' senior associate Rachel Cook on what to do if the worst happens, and you experience a dawn raid from HMRC Read More...

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HMRC applied to shut down 4,160 businesses in 2018

HMRC HMRC applied to shut down 4,160 businesses in 2018

5y Emanuela Hawker, Reporter

HMRC applied to shut down 4,160 businesses in 2018

Funding Options has shared their insights with Accountancy Age Read More...

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Friction between HMRC and the taxpayer as the number of tribunal disputes continues to rise

HMRC Friction between HMRC and the taxpayer as the number of tribunal disputes continues to rise

5y Emanuela Hawker, Reporter

Friction between HMRC and the taxpayer as the numb...

Price Bailey has cited the adoption of software as enabling HMRC to more aggressively obtain results Read More...

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HMRC putting increasing pressure on accountants and lawyers

HMRC HMRC putting increasing pressure on accountants and lawyers

5y Emanuela Hawker, Reporter

HMRC putting increasing pressure on accountants an...

It has been revealed by RPC that HMRC has issued another 1,400 demands to accountancy and law firms in their attempt to crack down on tax evasion Read...

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428 individuals subject to ‘attachment of earnings’ by HMRC

HMRC 428 individuals subject to ‘attachment of earnings’ by HMRC

5y Emanuela Hawker, Reporter

428 individuals subject to ‘attachment of earnings...

HMRC took cash straight from their pay packets as a method of debt recovery Read More...

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21% increase in tax take in just 10 years

HMRC 21% increase in tax take in just 10 years

5y Emanuela Hawker, Reporter

21% increase in tax take in just 10 years

VAT is undeniably a secure form of revenue for HMRC as they continuously look to deal with the government’s deficit—but is it fair to the consumer? Re...

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Interviewing Lindsay Pentelow: Is taxation too political?

People In Practice Interviewing Lindsay Pentelow: Is taxation too political?

5y Emanuela Hawker, Reporter

Interviewing Lindsay Pentelow: Is taxation too pol...

Lindsay Pentelow, a leader in tax practice for Mazars, explores the issues of Entrepreneurs’ Relief, corporate tax rates, HMRC powers, and the Budget ...

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HMRC property raids reduce by 30% through use of AI and big data

HMRC HMRC property raids reduce by 30% through use of AI and big data

6y Accountancy Age

HMRC property raids reduce by 30% through use of A...

HMRC is leveraging sophisticated algorithms and big data sources to gather evidence with greater ease and efficiency than property raids Read More...

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Mel Stride, Financial Secretary to the Treasury

Brexit Mel Stride, Financial Secretary to the Treasury

6y Accountancy Age

Mel Stride, Financial Secretary to the Treasury

Stride was appointed Financial Secretary in June 2017, and will have significant impact on taxes, public spending, and our economy in 2018 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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HMRC receives record number of judicial reviews

HMRC HMRC receives record number of judicial reviews

7y Accountancy Age

HMRC receives record number of judicial reviews

HMRC received a record number of 90 judicial reviews last year, raising concerns about the tax authority's potential misuse of power Read More...

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HMRC invests in Fraud Investigation Service ahead of Criminal Finances Act

HMRC HMRC invests in Fraud Investigation Service ahead of Criminal Finances Act

7y Accountancy Age

HMRC invests in Fraud Investigation Service ahead ...

HMRC has increased investment in its Fraud Investigation Service staff, suggesting that investigations into large corporates may be in progress Read M...

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Making Tax Digital project must be reset, experts tell MPs

Corporate Tax Making Tax Digital project must be reset, experts tell MPs

7y Andrew Goodall

Making Tax Digital project must be reset, experts ...

Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small bus...

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MTD - yes please, but with major caveats

Accounting Software MTD - yes please, but with major caveats

7y Accountancy Age

MTD - yes please, but with major caveats

The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technolo...

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Friday Afternoon Live: HMRC's confidentiality breach; EY partner profits fall

Accounting Firms Friday Afternoon Live: HMRC's confidentiality breach; EY partner profits fall

7y Kevin Reed, Writer

Friday Afternoon Live: HMRC's confidentiality brea...

HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live Read More...

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HMRC taskforces raise £540m since launch

Administration HMRC taskforces raise £540m since launch

8y Richard Crump, Writer

HMRC taskforces raise £540m since launch

HMRC taskforces have recovered more than £500m since they were launched five years ago Read More...

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HMRC ups tax take from SMEs by £470m last year

Accounting Firms HMRC ups tax take from SMEs by £470m last year

8y Chris Warmoll, Writer

HMRC ups tax take from SMEs by £470m last year

Tax take from inquiries into large businesses fell by 13%, from £4bn to £3.5bn, in the year end March 312014-15, UHY Hacker Young finds Read More...

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HMRC targeting high street accountants with 'aggressive' nudge letters

Administration HMRC targeting high street accountants with 'aggressive' nudge letters

8y Richard Crump, Writer

HMRC targeting high street accountants with 'aggre...

High Steet accountants hit with 'aggressive' letters from the taxman warning of tax avoidance suspicions Read More...

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Leader: Huge pressure on a digital taxman to fill Budget holes

Corporate Tax Leader: Huge pressure on a digital taxman to fill Budget holes

8y Kevin Reed, Writer

Leader: Huge pressure on a digital taxman to fill ...

With a virtual windfall finding its way to George Osborne, a soon-to-be virtual tax department will need to really up its game to increase tax receipt...

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Businesses to publish tax strategy under government proposals

Corporate Tax Businesses to publish tax strategy under government proposals

9y Calum Fuller, Reporter

Businesses to publish tax strategy under governmen...

Government consults on compelling businesses to publish their tax strategies Read More...

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App stores and booking systems' data targeted by HMRC

Corporate Tax App stores and booking systems' data targeted by HMRC

9y Kevin Reed, Writer

App stores and booking systems' data targeted by H...

HMRC wants transactional business data held by intermediaries, such as app stores and booking/reservation providers Read More...

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Tax bodies encouraged by DRD safeguards in Summer Finance Bill

Corporate Tax Tax bodies encouraged by DRD safeguards in Summer Finance Bill

9y Calum Fuller, Reporter

Tax bodies encouraged by DRD safeguards in Summer ...

Institutes pleased safeguards to direct debt recovery have been outlined in legislation Read More...

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#SummerBudget: HMRC funding boost requires big tax take

Corporate Tax #SummerBudget: HMRC funding boost requires big tax take

9y Kevin Reed, Writer

#SummerBudget: HMRC funding boost requires big tax...

Advisers welcome £750m HMRC funding boost, but question its ability to recoup billions of pounds in extra tax Read More...

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Advisers cheer as HMRC moves away from automatic penalties

Corporate Tax Advisers cheer as HMRC moves away from automatic penalties

9y Kevin Reed, Writer

Advisers cheer as HMRC moves away from automatic p...

HMRC sets out stall to move away from automatic tax penalties, flagging PAYE and self assessment as examples Read More...

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HMRC is well due a review

Corporate Tax HMRC is well due a review

9y Accountancy Age

HMRC is well due a review

Paul Aplin wants a review to see if HM Revenue & Customs is fit for the next ten years Read More...

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