HMRC
Tax & Regulation | 15 Mar 17
Fresh HMRC attack on tax evasion should ‘start with amnesty’
HM Revenue & Customs must issue one final amnesty for tax evaders to come clean about their financial affairs as part of a “concerted attack”, a leading tax firm expert has said.
Offshore Bonds | 9 Mar 17
HMRC sets two year window to appeal offshore bond withdrawals
The UK tax office has given policyholders two years to appeal ‘unfair’ or disproportionate tax bills resulting from ‘mistaken’ withdrawals from life policies.
Tax & Regulation | 8 Mar 17
UK tightens rules on tax avoidance promoters
The UK tax office has announced plans to close a loophole which had emerged enabling some individuals to circumvent the current Promoters of Tax Avoidance Schemes (POTAS) legislation.
Tax & Regulation | 6 Mar 17
HMRC reveals 80% rise in annual allowance breaches
The number of people breaching the annual allowance has jumped by almost 80% for the 2014/15 tax year, data from HM Revenue & Customs (HMRC) has shown.
Tax & Regulation | 27 Feb 17
HMRC rejects film industry tax avoidance criticism
HM Revenue & Customs (HMRC) has rejected criticism over how it has handled the exploitation of tax breaks for the film industry, which Treasury chairman Andrew Tyrie claims has been “financially calamitous” for some investors.