HMRC
All French and Italian Rops dropped from UK pension list
All French and Italian schemes have been removed from the HM Revenue & Customs (HMRC) list of recognised overseas pension schemes (Rops) said to meet the conditions for accepting UK retirement pots.
Best Practice | 19 Dec 16
UK taxman sends thousands of APNs ‘in error’
HM Revenue & Customs has withdrawn 4,300 accelerated payment notices (APNs), meaning that one in 14 of the 60,000 upfront tax payment requests has been sent in error, says accountancy firm Moore Stephens.
Tax & Regulation | 16 Dec 16
Celebrities face HMRC £50m tax clawback on empty data centres
Millions of pounds in tax relief given to celebrities such as England footballer Wayne Rooney and British comedian Jimmy Carr is being clawed back by HM Revenue and Customs (HMRC).
EU eyes tax evasion law amid ‘Football Leaks’ scandal
The European Commission is set to unveil a new law next year aimed at fighting tax evasion following media reports accusing football stars of using tax havens to hide millions of euros in earnings.
Tax & Regulation | 12 Dec 16
Footballers strike HMRC deal to slash tax bills on image rights
Around 180 football stars are using ‘companies as pension pots’ to save tax on their earnings after their clubs struck a deal with HM Revenue and Customs (HMRC).