Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

Action on tax avoiders; platform switches; and 'monster' mortgages - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

HMRC steps up chase for tax avoiders, with use of legal action doubling in a year HM Revenue & Customs (HMRC) has doubled its efforts in its pursuit of tax avoiders, according to this Telegraph article, initiating twice as many enforcement actions against people who ignore accelerated payments notices (APNs) in 2017 as it did the year before. Some 79,000 APNs have been issued since their introduction in 2014, of which 6,000 were later withdrawn by the taxman. Once suspected tax avoiders receive an APN, they have 90 days to pay the balance set out, which forces them to "pay first and ch...

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