HMRC

The courts have granted leave for a taxpayer to appeal a decision which could have ramifications for investigations into past tax returns.

With proposed new measures relating to non-UK domiciled individuals (non-doms) due for release by HMRC on 14 June 2011, accountancy firm KPMG is urging non-doms to give thought to their UK investment strategies sooner rather than later.

Scottish Widows will appear in the Supreme Court on 16 May over a tax refund dispute with HMRC.

A fraudster who used 15 different identities has been jailed for seven years for illegally reclaiming £118,000 in VAT and committing forgery.

The government has bent HMRC rules to allow investors in Lifemark and Hometrak-backed Keydata products to put an amount equal to their original investments back into an ISA and regain their tax exemptions.

HMRC has offered employers who use employee benefit trusts (EBTs) the chance to settle upcoming tax liabilities with no further questions before the trusts become illegal.

HMRC has backtracked on rules that could have left some investors trapped in poor personal pensions, in response to pressure from pension providers.

Advisers must ensure clients are not caught out by little-known flexible drawdown rules this year, SIPP provider Talbot and Muir warns.

HMRC workers who are members of the Public and Commercial Services Union (PCS) are threatening to strike over a new employee sickness policy.

Pension experts warn investors could be stuck in poorly performing plans, as transfering out could lead to a loss of income following changes to drawdown rules.