HM Revenue & Customs (HMRC) is losing 60% of appeals against its VAT decisions because it is under pressure from the Treasury to take a more aggressive approach, according to a law firm.
Retirement Planner's round-up of the top pension stories this week.
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.