The head of HM Revenue & Customs (HMRC) is to be quizzed by MPs this afternoon over claims he allowed Goldman Sachs to escape £10m in interest payments on an offshore tax avoidance scheme.
Hargreaves Lansdown is one of only two companies in the FTSE 100 which has not located any of its subsidiaries in a tax haven.
The taxman handed out a record one and a half million fines to late filers this year, with penalties up 56% in just five years, according to a Freedom of Information request.
Today's tax deal between the UK and Switzerland, designed to recoup £7bn from Brits with funds in Swiss bank accounts, is "unrealistic", according to accountants Baker Tilly.
Expert warns beefed-up tax watchdog will be looking for quick and easy wins among small businesses with inadequate records while failure to take reasonable care as serious as evasion.
Advisers filing a self-assessment paper tax return after the 31 October deadline will be hit with a £100 fine - even if there is no tax to pay, or the tax due is paid on time.
Scottish Widows has lost a case against Her Majesty's Revenue and Customs (HMRC) in the Supreme Court.
HM Revenue & Customs (HMRC) is to expand its Business Records Checks programme, in an effort to close the tax gap and clamp down on inadequate record-keeping.
HM Revenue and Customs (HMRC) is slowly narrowing what it calls the 'tax gap' - the amount of tax that goes uncollected each year - but it is still falling some £35bn short, according to the latest figures.
James Hay Partnership's Neil MacGillivray explains how a client can get more for less.