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Accelerated Payment Notices

Industry | 15 Apr 19

‘Careless’ UK taxman causing needless stress

Withdrawn accelerated payment notices show ‘lack of understanding and attention’ from HMRC

No need to panic in Malta

Industry | 13 Aug 18

Can UK agencies deal with unexplained wealth orders?

‘What’s a trust?’ asks one investigator

SEI Wealth Platform adds £10bn assets in 2017

Industry | 19 Sep 17

Accelerated payment demands net £1.3bn for HMRC

The UK taxman raked in 21% more cash from accelerated payment notices (APNs) in 2016/17, netting HM Revenue & Customs £1.3bn ($1.76bn, €1.47bn) from individuals and small businesses.

HMRC frames new string of conditions for APN avoiders

Tax & Regulation | 20 Jun 17

HMRC frames new string of conditions for APN avoiders

HM Revenue & Customs has set out a string of new conditions under which it may extend the time allowed to pay a tax bill under an accelerated payment notice (APN).

HMRC gets tougher on APN avoiders amid Karen Millen bankruptcy

Tax & Regulation | 5 Apr 17

HMRC gets tougher on APN avoiders amid Karen Millen bankruptcy

The UK tax office has taken action against 14 users of tax avoidance schemes who failed to pay controversial accelerated payment notices (APNs) since their introduction in 2014 as last week high-profile British fashion designer Karen Millen was declared bankrupt over her £6m ($7.5m, €7m) unpaid bill.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.