HMRC

UK building societies, including the Nationwide, and former mutuals have become the latest HMRC targets in a crackdown on offshore accounts, according to newspaper reports.

The FSA has banned and fined a London mortgage broker for submitting false and misleading mortgage applications with massively inflated incomes.

Every bank with a UK presence has been ordered to surrender details of customers holding offshore accounts to HMRC.

Many ill-informed British citizens who have moved outside the UK are getting a surprise tax bill from HMRC as well as their new home.

HMRC has warned its new disclosure opportunity (NDO) will be the final chance for people with unpaid taxes linked to offshore accounts to settle up.

MW Pensions has been revealed as one of the firms being investigated as part of a £2.5m pension tax fraud.

The UK's offshore fund tax rules are changing. Subject to the outcome of a final consultation, with effect from 1 October 2009, offshore funds will be able to elect for ‘reporting fund' status.

Many offshore bank account holders could risk penalties for ignoring HMRC's New Disclosure Opportunity (NDO) its poor promotion of the tax amnesty, says leading accountancy firm, PKF.

The Chartered Institute of Taxation (CIOT) has welcomed HMRC's release of details of the forthcoming New Disclosure Opportunity (NDO).

The identities of thousands of UK residents with offshore accounts will be revealed as HMRC's drive to clamp down on tax evasion steps up a gear.