HMRC
UK taxman hands £29m back to pensioners
HM Revenue & Customs processed 14,477 tax repayment claims forms in the three months ending 30 June 2018, handing back just under £29m ($38m, €32.5m) to people who had accessed their pensions.
Tax & Technical | 1 Aug 18
HMRC challenged over data handling
An Italian with a UK bank account has stepped forward to take on the legality of the common reporting standard (CRS) using data protection laws.
£20bn withdrawn since pension freedoms launched
The popularity of the UK’s pension freedoms is showing no signs of slowing, with almost £20bn ($26.2bn, €22.4bn) having now been flexibly accessed since the reforms launched in April 2015, according to the latest figures from HM Revenue & Customs.
Tax & Technical | 31 Jul 18
Tax probes into wealthy yield £281m extra in a year
The targeting of footballers’ tax affairs is among the reasons the UK Exchequer netted 29% more from the rich last year.
Former Arsenal football agent loses £1.2m tax battle
A former top football agent, who had players on his books from Arsenal, Chelsea FC and Blackburn Rovers, has lost his £1.2m (€1.35m, $1.58m) tax battle with HM Revenue & Customs.