HM Revenue & Customs (HMRC) requests to professional services firms for confidential information on clients suspected of tax crimes reached a record high in 2016/17, according to law firm RPC.
These confidential data requests from the taxman jumped a fifth (19%) to 1,507 in the 12 months to 31 March 2017 - up from 1,276 in 2015/16. Such requests, RPC explained, involves HMRC's Criminal Investigation...
Scheme pays or not scheme pays?
Platform tools fall short
Report outlined one-off 5% tax on wealth above £500k
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams