HM Revenue & Customs (HMRC) is set to de-register up to 500 pension 'liberation' providers as part of a wider crackdown on the schemes.
The recent defeat by HMRC to levy a 55% tax on investors in a delisted Qualifying Recognised Overseas Pension Scheme (QROPS) is likely to see a further tightening up on overseas pension transfer rules.
Her Majesty's Revenue & Customs (HMRC) has upheld the VAT exemption on discretionary fund manager transaction fees.
Phoenix Group has seen a 340% rise in requests to transfer pensions to suspected pension liberation companies in the past three months.
Efforts to stamp out tax evasion appear to be working after figures showed the number of ‘serious' cases hit a five year low.
HM Revenue & Customs (HMRC) issued a number of clarifications on the updated tax rebate position following requests from providers.
A major tax avoidance investigation has been halted after one of the key figures in the case was arrested on suspicion of wrongdoing.
Capital gains tax (CGT) charges will be rolled over until disposal when switching to clean share classes, under new rules introduced by HM Revenue & Customs (HMRC).
HM Revenue & Customs (HMRC) has launched a consultation on two new forms of protection for people caught unfairly by the government's most recent cuts to the lifetime allowance (LTA).
A tax avoidance scheme which routed profits of a tax advisory business through employee benefit trusts has been closed by a tribunal.