The UK’s tax authority, HM Revenue & Customs (HMRC), has abandoned plans to alter the tax treatment of members within limited liability part...
View articleThe tax office’s compliance activity has been described as “practically non-existent” Read More...
View articleThe two Belize-based schemes were "cynically marketed", a HMRC official said Read More...
View articleA new HMRC consultation will assess whether to criminalise the failure to comply with a Stop Notice Read More...
View articleThe Finance Act says that schemes can only be named and shamed for a year Read More...
View articleUse of the schemes has been rife since the latest IR35 private sector reforms, one market participant said Read More...
View articleWhitehall departments could owe HMRC as much as £236m, according to the report Read More...
View articleExperts believe action plans are needed to tackle rising umbrella company fraud Read More...
View articleGovernment’s "misunderstanding" of how contracting works led to misinterpret "accidental" tax avoidance, critics say Read More...
View articleNeed to bolster national coffers leads to OECD scrutiny Read More...
View articleConsumers demand further tax transparency from businesses Read More...
View articleExperts have warned accountants and tax advisors about common myths regarding HMRC’s powers, believing it can overreach during civil inspections. Read...
View articleThe results acquired through a Freedom of Information Report (FOI) showed that HMRC's yield from investigations exceeded £610 million since the year 2...
View articleHMRC has experienced an increase in its revenue due to further investigations in the year 2018/19. Read More...
View articleThe UK and France are pressing ahead with a digital services tax (DST) in the face of pressure from the US Read More...
View articleHMRC statistics on the tax gap for 2017-2018 reveal overall underpaid tax has risen from £33bn in 2016-17 to £35bn, or 5.6% of all expected tax revenu...
View articleSSE's finance director Gregor Alexander explains why it was important for the company to receive a Fair Tax Mark - and why paying your fair share of t...
View articleCommuter 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...
View articleAccording to Pinsent Masons, HMRC could investigate 27 ‘serious’ tax evasion claims against some of the UK’s biggest businesses Read More...
View articleWith proposals for an Amazon tax on the table, how can the UK tax system catch up with the implications of the Fourth Industrial Revolution? 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 articleRandell took responsibility for the mistake but said the scheme had been discussed with senior policy officials at HMRC “who had indicated that they a...
View articleThe committee's remit will cover EU VAT fraud, non-dom rules and the EU tax haven black list Read More...
View articleMurphy is an impressive combination of chartered accountant, political economist, university professor, and anti-poverty campaigner Read More...
View articleThe number of penalties issued by HMRC to taxpayers for intentionally submitting an erroneous tax return increased by 19% in 2016-17, compared to the ...
View articleThe leaks have reignited a public debate about the structures that permit tax avoidance and the professionals complicit in creating them Read More...
View articleStatistics from HMRC reveal the UK tax gap fell to a record low of 6% in the 2015/16 tax year Read More...
View article