Advisers have been warned to be "very careful" when recommending stamp duty land tax avoidance (SDLT) schemes as some unscrupulous vendors downplay the risks of an HMRC investigation into the activity.
Her Majesty's Revenue and Customs (HMRC) is heavily scrutinising client engagement letters for evidence of tax evasion, a leading tax lawyer has warned advisers.
HM Revenue & Customs (HMRC) chief executive and permanent secretary Dame Lesley Strathie is stepping down from her role because of ill health.
Professional Adviser's Rachel Dalton looks at four key issues for advisers to consider when clients want to invest in intellectual property via a SIPP.
Manchester United manager Sir Alex Ferguson and ex-England boss Sven-Goran Eriksson have shared part of a £68,000 dividend in a film investment, but must wait to see whether it will yield £117m in promised tax benefits.
Her Majesty's Revenue and Customs (HMRC) will target wealthy people who own property abroad, the department announced today.
HMRC has proposed that where advisers arrange transactions for clients their services will continue to be exempt from VAT post-RDR, under draft rules published today.
HMRC is preparing to go to court to challenge Stamp Duty tax avoidance schemes that have cost it £35m in lost revenue.
HMRC is expected to outline how VAT will apply alongside adviser charging next week. But what should advisers watch out for?