HMRC
Tax Planning
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.
12 January 2015
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Tax Planning
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.
14 December 2014
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Income
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.
10 December 2014
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Regulation
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.
08 December 2014
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2 min read
Tax Planning
HMRC paid out a record £400,000 in 2013 to people whistleblowing on tax avoidance activities, a Freedom of Information (FoI) request has revealed.
27 October 2014
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Tax Planning
The number of people being pursued through the courts for tax evasion has risen by almost a third in the last year, as HM Revenue & Customs (HMRC) steps up its efforts to close the UK's £35bn tax gap.
13 October 2014
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Regulation
Advisers should notify their insurers early if they think they may be facing claims from advice to invest in tax avoidance schemes, a professional indemnity insurance (PII) lawyer has warned.
10 October 2014
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