HMRC

Draft legislation which clarifies the position on joint life annuities and guarantee payments, as well as tax treatment on deaths prior to age 75 has been released by HM Revenue & Customs (HMRC).

Pension administrators will be required to provide HM Revenue & Customs (HMRC) was additional information before setting up new schemes as part the crackdown on pension liberation.

Retired Premier League players are among more than 100 footballers who face financial ruin as a result of demands from HM Revenue and Customs (HMRC) for what it has said is unpaid tax, but the sports stars said the fault lies with their advisers.

HMRC's crackdown on tax avoidance and evasion by people who it calls "mass affluent" saw an income boost of 60% in the last year, a new report has claimed.

Three things clients may call you about this week

HMRC investigations have yielded a record £136m in extra capital gains tax (CGT) collected from individuals and small businesses in the last year, according to an accountancy firm.

Could legacy products and IT systems scupper access pension freedoms?

HM Revenue and Customs (HMRC) has secured almost all of the disputed tax due from the first group of tax avoidance scheme users to receive Accelerated Payment notices.

The Financial Services Compensation Scheme (FSCS) and self-invested personal pension (SIPP) provider Standard Life have worked out a deal with the taxman over the tax status of recoveries related to ARM Asset Backed Securities.

Financial advisers are among the small and medium size businesses being "aggressively" targeted by HMRC for VAT payments, contributing to a 10% jump in VAT taken from SMEs in the last year, according to a national accountancy group.