HMRC
UK CGT tax bill hits record £13bn
Some entrepreneurs had to pay seven-figure sums from the sale of their businesses
Taxpayers should only take HMRC to court ‘as a last resort’
Law firm tells individuals to settle issues through alternative dispute resolutions
1,000% rise in LTA tax collected over a decade
Fuelled by ‘continuous cuts’ to allowance threshold
HMRC refunds £835m in overpaid tax on pension withdrawals
But advisory firm believes total is likely to be in ‘excess of £1bn’
HMRC did not use APNs once last year to tackle tax avoidance
UK taxman says it reprioritised resources to deal with impact of covid