HMRC

A tax avoidance scheme used by one hedge fund manager to save paying £7.5m in tax has been ruled unviable following a tribunal.

HM Revenue & Customs (HMRC) has successfully challenged a tax avoidance scheme in court and thereby ensured an additional £156m will be collected for the UK coffers.

A barrister convicted of tax fraud for failing to pay more than £600,000 in VAT was sentenced to three and a half years in prison today.

A man and woman from Enfield who ran a financial advice firm have each been jailed for two years for fraudulently trying to claim almost £145,000 in Gift Aid.

Workers and pensioners are being warned to double-check their tax codes or face being landed with shock bills that they cannot appeal.

Her Majesty's Revenue & Customs (HMRC) should "name and shame" those who create, sell or use tax avoidance schemes to discourage activity which is costing the Treasury billions of pounds a year, a committee of MPs has said.

A barrister who failed to pay more than £600,000 in value added tax (VAT) that he instead spent on luxury homes has been convicted for tax fraud.

An ex-Honister financial adviser charged with evading tax estimated at £730,000 is to appear at Worcester Crown Court next week.

Britain's highest earners are shouldering an increasing share of the UK's income tax burden, as coalition government policies take more people out of paying the tax, according to figures released by HMRC.

Rebus Investment Solutions, a company which helps investors recoup losses from complex investments which they argue they have been mis-sold, has secured £750,000 of compensation on behalf of five clients invested in a carbon credit scheme.