HMRC

The taxman believes up to 60,000 Britons could be caught by its ongoing offshore bank account probe, The Telegraph reports.

HM Revenue and Customs (HMRC) is set to contact around 5,000 offshore account holders to request a formal declaration of their account details.

HMRC will crackdown on UK residents using Liechtenstein bank accounts for tax evasion.

An internet crash has forced HM Revenue and Customs to extend the self- assessment deadline by 24 hours.

HM Revenue & Customs (HMRC) has announced it considers withdrawals taken from unsecured pensions (USP) or alternatively secured pensions (ASP) as income for inheritance tax (IHT) purposes.

The Government is seeking the advice of the FSA after the loss by HMRC of computer discs containing the confidential details of 25 million people.

Paul Gray, chairman of HM Revenue and Customs (HMRC) has resigned today following a "substantial operational failure".

Her Majesty's Revenue and Customs (HMRC) is set to launch a second offshore amnesty after overestimating the amount it would recover from its first tax reprieve scheme, according to Grant Thornton.

Just over three quarters of potential UK investors (18.75 million) are not benefiting from tax relief on a personal pension which could boost their savings by £5.5bn per annum.

People with UK tax returns can also take advantage of the amnesty issued by HM Revenue & Customs and avoid hefty penalties, according to financial planning firm Barnett Ravenscroft.