HMRC paid out a record £400,000 in 2013 to people whistleblowing on tax avoidance activities, a Freedom of Information (FoI) request has revealed.
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.
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.
Equilibrium plans AIM portfolio to reduce IHT costs
Investors who put money into failed life bond scheme Catalyst via their Standard Life self-invested personal pension (SIPP) have been told they have longer to wait before finding out if they are eligible for compensation.
Fiona Murphy examines The Pension Ombudsman's delays to decisions on pension liberation fraud and wider concerns about how liberation could shift.
The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue and Customs (HMRC) dropped the case against them.
Platforms could be hit with a £10m bill in order to make sure they comply with new EU tax rules, the Tax Incentivised Savings Association (TISA) has warned.
A taskforce tackling people trying to dodge property tax in the north west and north Wales has been launched by HM Revenue and Customs (HMRC).
A tax avoidance scheme which abused the reliefs offered for research into life-saving vaccines to claim back £77m in tax has been rejected again by a tribunal.