HMRC

HM Revenue & Customs (HMRC) has lost a claim against a couple for £20,000 in back taxes.

Deputy Prime Minister Nick Clegg has attacked banks' failure to offer affordable loans to small businesses, labelling it "one of the greatest restraints on recovery for the UK economy".

Robert Gaines-Cooper, the Seychelles-based UK multi-millionaire in a long-running battle with HMRC, has won the right to appeal to the Supreme Court.

IFAs are increasingly taking out business disruption insurance against regulatory investigations, according to a City law firm.

The Serious Fraud Office says the UK urgently needs a new centralised fraud database to combat rising financial crimes as the current FSA-run register is "clearly not working".

HM Revenue & Customs (HMRC) has sent a letter to 600 offshore account holders asking them to inform on their advisers' involvement in tax avoidance.

Current VAT rules threaten to penalise clients paying in instalments and could undermine the RDR's aims, warns Skandia.

Experts are bracing themselves for a "firesale" of protection products next year ahead of a rule change which could see premiums soar by 10%.

The ABI has linked up with the taxman to issue guidance on the VAT liability for adviser charging.

An illegal immigrant has been jailed for three and a half years after carrying out a £500,000 tax fraud.