HMRC

A Guernsey politician has set out proposals to overhaul the QROPS legislation that led them to fall foul of HMRC rules

NON-DOMS

TAXMAN'S REVENGE

Richard Mattison points out key areas advisers need to be aware of when choosing a SSAS provider

HM Revenue & Customs (HMRC) has issued guidance confirming salary sacrifice pension schemes will be able to meet automatic enrolment requirements.

Labour MP Michael Meacher has received cross-party support for a Private Member's Bill which would prohibit any financial arrangements principally designed for the purpose of tax avoidance.

Tax avoidance campaigners have been granted permission by the High Court to challenge a deal between HM Revenue & Customs (HMRC) and investment bank Goldman Sachs.

The government's general anti-abuse rule (GAAR) targeting abuse of the tax system could hand HM Revenue & Customs discretionary power "at odds with the rule of law", a lawyer has warned.

More than 2,400 people have registered to disclose unpaid tax under the Liechtenstein Disclosure Facility (LDF) with £363 million already paid in tax bills, according to HM Revenue and Customs (HMRC).

People who are will to pay into a pension but have not got around to signing up are collectively losing out on £2.5bn in income tax relief on contributions, analysis has found.