Tax Planning

HM Revenue & Customs (HMRC) is to hire an additional 100 inspectors dedicated to making sure wealthy people pay enough tax.

FIVE THINGS

TAX TRAPS

The government has won a key parliamentary vote on plans to cap benefit increases to 1% for the next three years.

Members of parliament are due to vote on Tuesday on controversial government plans to place a 1% cap on annual rises in some benefits and tax credits for three years.

Some 270,000 people have decided to opt out of receiving child benefit following changes to eligibility rules, according to the latest figures.

Her Majesty's Revenue and Customs (HMRC) is publishing the photographs of more than 30 of last year's biggest tax cheats as part of a tax evasion campaign.

HM Revenue and Customs (HMRC) is reminding high-earning Child Benefit recipients that they have until 6 January to decide whether to stop receiving the benefit.

TO BE ASSURED

The taxman is sending warning letters to those who have now run up late-filing penalties of £1,300 for that year, under self-assessment.