Accelerated Payment Notices
Tax & Regulation | 3 Nov 15
Firm warns against HMRC bankrupting taxpayers over APN disputes
HMRC should not pursue insolvency proceedings to demand that tax allegedly owed from years ago be paid in full until the underlying dispute has been resolved, warned law firm RPC.
Tax & Regulation | 21 Sep 15
Accelerated payment notices prolong HMRC inquiries, firm says
HM Revenue & Customs has “little incentive” to complete tax investigations after last year’s introduction of accelerated payment notices, a London-based law firm has warned.
Tax & Regulation | 15 Sep 15
New accelerated payment disputes could have widespread impact
Further High Court challenges to accelerated payment notices could have wider implications on UK taxpayers, a tax specialist warns, following the rejection of a judicial review in July.
Tax & Regulation | 14 Sep 15
HMRC nets £1bn from accelerated payment notices
HM Revenue & Customs (HMRC) has collected £1bn in tax payments from users of tax avoidance schemes as a result of the UK Government’s accelerated payment rules to collect disputed tax upfront.
Tax & Regulation | 3 Sep 15
Taxpayers in accelerated payment notice saga offered funding
UK-based financial services provider LDF is offering a loan facility to suspected tax avoiders to help them meet payment deadlines arising from accelerated payment notices.