HMRC
Best Practice | 19 Oct 17
New tax register ‘burdensome’ for beneficiaries
Beneficiaries who fail to comply with the UK’s new Beneficial Trust Register may face fines and prosecution, warns accounting, tax and advisory practice Blick Rothenberg.
HMRC raids on Newcastle United FC ruled legal by High Court
Raids by tax investigators on Newcastle United Football Club premises and the home of its managing director as part of a fraud investigation were legal, the High Court has ruled.
Tax avoidance plan promoter gets done for not telling HMRC
A tax avoidance scheme promoter has been found guilty of not telling HM Revenue & Customs (HMRC) about it.
Best Practice | 10 Oct 17
Not all trusts need to register clarifies HMRC
HMRC has issued new guidance for users of its online trust registration service and confirmed the circumstances in which offshore trusts do not need to register.
UK to take £5bn hit as non-doms head for the exit
UK Government coffers could shrink by £5bn ($6.7bn, €5.7bn) if the rising numbers of non-doms thinking about leaving the UK permanently go through with it, accountancy firm Moore Stephens has found.