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HMRC

Investment

Phoenix Group sees 340% rise in suspected pension liberation

Phoenix Group has seen a 340% rise in requests to transfer pensions to suspected pension liberation companies in the past three months.

clock 24 June 2013 •

Tax Planning

'Serious' tax evasion on the decline, says law firm

Efforts to stamp out tax evasion appear to be working after figures showed the number of ‘serious' cases hit a five year low.

clock 24 June 2013 •

Tax Planning

HMRC clarifies rebate tax position after provider demands

HM Revenue & Customs (HMRC) issued a number of clarifications on the updated tax rebate position following requests from providers.

clock 19 June 2013 •

Tax Planning

Multi-million pound tax case halted as HMRC official arrested

A major tax avoidance investigation has been halted after one of the key figures in the case was arrested on suspicion of wrongdoing.

clock 18 June 2013 •

Wrap/platforms

HMRC clarifies CGT rules for clean share class transfers

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).

clock 13 June 2013 •

Investment

HMRC to protect savers hit by latest pension tax relief cut

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).

clock 12 June 2013 •

Tax Planning

Tax adviser's avoidance scheme blocked by Tribunal

A tax avoidance scheme which routed profits of a tax advisory business through employee benefit trusts has been closed by a tribunal.

clock 11 June 2013 •

Regulation

HMRC shuts £190m tax avoidance scheme

HM Revenue & Customs has shut down a tax avoidance scheme operated by NT Advisors which has protected about £190m in tax revenue.

clock 30 May 2013 •

Investment

Pension liberation: Is early intervention and information sharing key?

With pension liberation on the rise, pension experts have called for tougher requirements from regulators. Fiona Murphy asks what they would like to see

clock 22 May 2013 •

Regulation

HMRC errors costing taxpayers billions, say MPs

A failure by HM Revenue & Customs (HMRC) to reduce errors and fraud in the tax credit system has "cost the taxpayer dear", a group of MPs said, after the tax authority admitted it would miss its target by £5bn.

clock 22 May 2013 •
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