HMRC

Large-scale SIPP provider mergers are likely throughout this year as many will not have the assets required if capital adequacy requirements are increased, according to Suffolk Life.

Proposed legislation designed to prevent the abuse of qualifying recognised overseas pension schemes (QROPS) could increase providers' costs by 150%, Fairbairns has warned.

A tax adviser has been found guilty of attempting to defraud clients of £70m with a tax avoidance scheme.

Letters sent out by Her Majesty's Revenue and Customs (HMRC) informing people they have paid too little tax could be based on inaccurate figures, an accountancy firm has warned.

Financial advisers will lose out on an estimated £80m worth of commission when the government outlaws contracting out of the state pension into private vehicles in April, Standard Life has said.

Advisers are urged by HM Revenue & Customs (HMRC) to warn expatriate clients to be on their guard against falling victim to ‘phishing' emails sent out by fraudsters in the run-up to the self-assessment deadline of 31 January.

HMRC staff are set to go on strike on 31 January, the self assessment filing deadline day.

Taxpayers suspected of fraud by HMRC will be able to avoid criminal investigations if they admit to their actions, under a new initiative.

Her Majesty's Revenue and Customs (HMRC) has announced changes to allow investors more flexibility when organising their annual drawdown reviews.

People paying 50% tax must claim extra tax relief on their pensions before February or risk losing thousands for good, a private bank estimates.