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HM Revenue & Customs

HMRC1

HMRC takes in record £23.9bn following tax cheat clampdown

27/05/2014(0)
Tax authorities have increased their take by 15% to a record total of £23.9 billion in the year to April following a crackdown on tax avoidance schemes. HM Revenue ... Read More
bitcoin

Bitcoin: guide for tax purposes

19/05/2014(0)
Interest in Bitcoin has shot up since the virtual currency’s inception in 2009, and many a contractor is considering how it could play a part in their business, writes ... Read More
HMRC

HMRC doubles inquiries into self-assessors

19/05/2014(0)
The number of taxpayers whose financial affairs HM Revenue & Customs investigated in the past 12 months has almost doubled, in line with the growing haul from such self-assessors. ... Read More
HMRC1

HMRC seeks powers to recover tax debts from ISAs

07/05/2014(0)
HM Revenue & Customs (HMRC) is looking to increase its powers to allow it to take tax debts directly from individuals’ ISAs. In this year’s Budget, the government gave ... Read More
HMRC1

CEOs must act before HMRC’s investigations

30/04/2014(0)
The phenomenal pace of international tax transparency initiatives continues to accelerate. Chancellor of the Exchequer, George Osborne, announced at the G5 finance ministers’ meeting this week that agreements for ... Read More
HMRC1

HMRC doubles Gift Aid investigations

24/04/2014(0)
THE NUMBER of investigations undertaken by HM Revenue & Customs into Gift Aid claims more than doubled over the past year, raising an additional £6m. Figures obtained by Top ... Read More
HMRC

How much is your personal data worth?

22/04/2014(0)
British ministers are looking at changes that will allow HMRC to sell taxpayers’ data to third parties. Putting aside the privacy issues, how much is personal data worth? As ... Read More
HMRC1

HMRC targets evasion in further power push

16/04/2014(0)
Further powers are set to be afforded to HM Revenue & Customs as the government looks to tighten the noose on those holding funds offshore and maximise its revenues. ... Read More
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