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Tax Planning

Tax Planning

Gaines-Cooper wins next round in HMRC tax battle

Robert Gaines-Cooper, the Seychelles-based UK multi-millionaire in a long-running battle with HMRC, has won the right to appeal to the Supreme Court.

clock 16 August 2010 •

Tax Planning

HMRC security drive creates £3bn rebate delays

Around 15 million people are facing long delays on their tax rebates as a result of HMRC revamping its security system.

clock 04 August 2010 •

Tax Planning

HMRC consultant gets £150k for three months work

Chief information officer Deepak Singh was paid £149,500 by HMRC to work three months beyond his leaving date.

clock 26 July 2010 •

Tax Planning

Budget 2010: Govt may resurrect "draconian" GAAR tax law

The Government could rescue the tax General Anti-Avoidance Rule (GAAR), which was dismissed by Labour as "unworkable".

clock 22 June 2010 •

Tax Planning

Budget 2010: Key points you need to know on CGT changes

Individuals, trustees and personal representatives of deceased persons will be hit by a CGT rise to 28% for higher rate income taxpayers from midnight tonight.

clock 22 June 2010 •

Tax Planning

CGT revenues up 23% since 2008

Capital gains tax (CGT) revenues have increased 23% in the last two years, despite falling numbers of enquiries, according to research by a chartered accountants.

clock 21 June 2010 •

Tax Planning

HMRC officer jailed for stealing £85k from taxpayers

An HM Revenue & Customs (HMRC) debt collection officer has been jailed after pleading guilty to stealing almost £85,000 from taxpayers.

clock 21 June 2010 •

Tax Planning

CGT rise attacked by BCC for 'penalising' business

The British Chamber of Commerce (BCC) warns the Government's planned rise in CGT on non-business assets would hit firms' assets too.

clock 16 June 2010 •

Tax Planning

HMRC shuns firms seeking 'Time to Pay' more than £19k

HMRC is tightening up on all tax payments and, in some cases, refusing requests for deferrals on larger VAT bills, research suggests.

clock 16 June 2010 •

Tax Planning

Zurich to leave Britain for tax-lite Ireland

Zurich is planning to move its £35bn British life assurance business to Dublin to cut its tax bill.

clock 15 June 2010 •
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