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HM Revenue and Customs

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UK Sees Corporate Tax Windfall After Brexit Decision

04/08/2017(0)
The 15.5 percent year-on-year increase in UK corporate tax receipts, reported recently by HM Revenue and Customs (HMRC), demonstrates that company profits have not yet been dented by the ... Read More
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Former KPMG partners arrested in ‘publicity stunt’, court told

19/05/2016(0)
An investigation into suspected tax evasion targeted four former partners at Belfast accountancy firm KPMG in a publicity stunt, the High Court heard. HM Revenue and Customs misled judges ... Read More
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HMRC: 10 tax avoidance danger signs

10/11/2014(0)
HM Revenue and Customs (HMRC) has alerted people to the tricks employed by tax avoidance scheme promoters. The note sets out the risks people face when they sign up ... Read More
Legal letter

CEO of tax specialist cleared of wrongdoing after HMRC climb down

15/09/2014(0)
The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue ... Read More
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UK Accountancy Firms shrink after HMRC Efforts

27/08/2014(0)
HM Revenue and Customs’ (HMRC) increasingly tough stance on tax planning is taking its toll on the UK accountancy industry, according to finance provider LDF. There was a 4 ... Read More
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HMRC Consults On Strict Liability Tax Penalties

26/08/2014(0)
HM Revenue and Customs (HMRC) is consulting on the design of a proposed new strict liability criminal offence for those who fail to declare taxable offshore income and gains. ... Read More
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HMRC Battles Glasgow Rangers Over Tax Dispute

08/08/2014(0)
HM Revenue and Customs (HMRC) has appeal for permission to begin a tax battle involving Scottish football club Rangers’ use of employee benefit trusts. HMRC argued that the former ... Read More
HMRC

New HMRC Anti-Avoidance Rules Could Trigger Insolvencies

09/07/2014(0)
A wave of insolvencies could be triggered when HM Revenue and Customs (HMRC) gets the power to force those who have used tax avoidance schemes to pay the disputed ... Read More
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Switzerland informs UK over Bank Deposit Movements

03/06/2014(0)
Swiss banks were required to hand over information about deposit movements to UK authorities by May 31, 2014, to support UK efforts to track down untaxed income. This was ... Read More
HMRC

HMRC error leaves VCTs unable to issue shares

25/04/2014(0)
Venture Capital Trusts have been hoarding investor cash after an error from HM Revenue and Customs left the vehicles afraid of issuing new shares. New legislation introduced by the ... Read More
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