HMRC must demonstrate commitment to umbrella company regulation, experts say
HMRC

HMRC must demonstrate commitment to umbrella company regulation, experts sa...

1y Sam Alberti

HMRC must demonstrate commitment to umbrella compa...

The tax office’s compliance activity has been described as “practically non-existent” Read More...

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HMRC names and shames two offshore tax avoidance schemes
HMRC

HMRC names and shames two offshore tax avoidance schemes

1y Sam Alberti

HMRC names and shames two offshore tax avoidance s...

The two Belize-based schemes were "cynically marketed", a HMRC official said Read More...

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Market split on harsher treatment for tax avoiders
Contracting

Market split on harsher treatment for tax avoiders

1y Sam Alberti

Market split on harsher treatment for tax avoiders

A new HMRC consultation will assess whether to criminalise the failure to comply with a Stop Notice Read More...

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‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list
HMRC

‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list

1y Sam Alberti

‘Absurd’ loophole sees UK tax avoidance schemes re...

The Finance Act says that schemes can only be named and shamed for a year Read More...

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HMRC ‘must shoulder blame’ for disguised remuneration schemes
HMRC

HMRC ‘must shoulder blame’ for disguised remuneration schemes

2y Sam Alberti

HMRC ‘must shoulder blame’ for disguised remunerat...

Use of the schemes has been rife since the latest IR35 private sector reforms, one market participant said Read More...

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“Damning” report highlights IR35 non-compliance in public sector
HMRC

“Damning” report highlights IR35 non-compliance in public sector

2y Sam Alberti

“Damning” report highlights IR35 non-compliance in...

Whitehall departments could owe HMRC as much as £236m, according to the report Read More...

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Accountancy firms urged to help tackle umbrella company fraud
Tax

Accountancy firms urged to help tackle umbrella company fraud

3y Rob Griffin

Accountancy firms urged to help tackle umbrella co...

Experts believe action plans are needed to tackle rising umbrella company fraud Read More...

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HMRC must "rebuild the trust" of taxpayers after Loan Charge failings
HMRC

HMRC must "rebuild the trust" of taxpayers after Loan Charge failings

3y Sam Alberti

HMRC must "rebuild the trust" of taxpayers after L...

Government’s "misunderstanding" of how contracting works led to misinterpret "accidental" tax avoidance, critics say Read More...

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EU’s tax irregularities attract international attention
Tax Avoidance

EU’s tax irregularities attract international attention

4y Leanna Reeves

EU’s tax irregularities attract international atte...

Need to bolster national coffers leads to OECD scrutiny Read More...

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New lockdown mindset shows consumers have low trust in businesses over tax paid
Business

New lockdown mindset shows consumers have low trust in businesses over tax ...

4y Leanna Reeves

New lockdown mindset shows consumers have low trus...

Consumers demand further tax transparency from businesses Read More...

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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...

5y 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

5y 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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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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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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HMRC loses £13.2bn in tax to criminals 
HMRC

HMRC loses £13.2bn in tax to criminals 

5y Dave Beach

HMRC loses £13.2bn in tax to criminals 

HMRC 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...

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"Tax is the centre of the social contract" - SSE finance director
Tax

"Tax is the centre of the social contract" - SSE finance director

5y Gregor Alexander

"Tax is the centre of the social contract" - SSE f...

SSE'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...

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Which UK town has the most tax avoidance?
Tax Avoidance

Which UK town has the most tax avoidance?

6y 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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Tax evasion referrals jump 24% for individual taxpayers
Tax

Tax evasion referrals jump 24% for individual taxpayers

6y Emanuela Hawker , Reporter

Tax evasion referrals jump 24% for individual taxp...

According to Pinsent Masons, HMRC could investigate 27 ‘serious’ tax evasion claims against some of the UK’s biggest businesses Read More...

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Appropriate tax systems – taxation in the ‘Fourth Industrial Revolution’
Corporate Tax

Appropriate tax systems – taxation in the ‘Fourth Industrial Revolution’

6y Jane Mackay

Appropriate tax systems – taxation in the ‘Fourth ...

With 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...

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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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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...

7y 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

7y 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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Richard Murphy, Founder, Tax Research UK
People In Business

Richard Murphy, Founder, Tax Research UK

7y Accountancy Age

Richard Murphy, Founder, Tax Research UK

Murphy is an impressive combination of chartered accountant, political economist, university professor, and anti-poverty campaigner Read More...

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HMRC ‘deliberate error’ penalties up by 19%
HMRC

HMRC ‘deliberate error’ penalties up by 19%

7y Accountancy Age

HMRC ‘deliberate error’ penalties up by 19%

The number of penalties issued by HMRC to taxpayers for intentionally submitting an erroneous tax return increased by 19% in 2016-17, compared to the ...

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Paradise Papers: The role of the accountant
HMRC

Paradise Papers: The role of the accountant

7y 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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Tax gap closes to record low
HMRC

Tax gap closes to record low

7y Austin Clark , Editor

Tax gap closes to record low

Statistics from HMRC reveal the UK tax gap fell to a record low of 6% in the 2015/16 tax year 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

7y 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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