HMRC
Best Practice | 11 Jan 18
HMRC penalty policy needs urgent clarification
UK taxpayers owning up to past mistakes could face a 10% fine, according to changes to HM Revenue & Customs’ penalty factsheets.
Best Practice | 4 Jan 18
HMRC reveals top 10 tax fraud cases of 2017
In its ongoing fight against tax evasion, HM Revenue & Customs has revealed its top ten tax fraud and organised crime cases of 2017. The list includes people with offshore accounts, a would-be spy, millionaires, accountants and data thieves. All cases came with large prison sentences.
Latest news | 19 Dec 17
Expat football mogul case shows limits of HMRC power
A football entrepreneur and Dubai resident, who rejected HM Revenue & Customs demands for information, has won a court case against the UK taxman.
Best Practice | 7 Dec 17
Offshore advisers fear new regulatory burden from HMRC
Offshore advisers have given a cautious thumbs-up to additional requirements to tell HM Revenue & Customs when they set up complex offshore schemes but have expressed concern that legitimate schemes could be targeted as well as abusive ones.
Best Practice | 6 Dec 17
HMRC powers worrying for taxpayers
Concern has been raised about the lack of effective safeguards in place for taxpayers, as HM Revenue and Customs continues to develop broader powers to seek payments.