Tax avoidance

HMRC has said it will pursue users and promoters of an "aggressive" tax avoidance scheme run by high flying recruitment business Anderson Group.

Advisers should be wary about using inheritance tax (IHT) avoidance as a reason to recommend clients make extra pension contributions, according to the head of tax and trust planning at Fidelity FundsNetwork.

The Labour party has announced it will go further than the Conservatives in tackling tax avoidance.

HM Revenue and Customs (HMRC) has secured three tribunal wins against tax avoidance schemes, protecting more than £260m in tax.

Advisers could face criminal charges under new powers for HM Revenue & Customs (HMRC) following the Budget if they fail to prevent tax evasion by inherited clients, a lawyer has warned.

The government expects to collect an extra £3.1bn from those found to have avoided or evaded tax payments - and those professionals who help them - Chancellor George Osborne said in his Budget speech today.

HSBC is closing all accounts on Jersey belonging to customers living in the UK amid checks on their identity and addresses.

Lawyers are urging investors who have been advised to invest in disputed tax avoidance schemes to take their financial advisers to court for compensation.

The government is to force tax avoidance schemes to reveal they are being monitored by HM Revenue & Customs (HMRC) as part of its wider clamp down on tax crime.

Retired Premier League players are among more than 100 footballers who face financial ruin as a result of demands from HM Revenue and Customs (HMRC) for what it has said is unpaid tax, but the sports stars said the fault lies with their advisers.