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HMRC

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HMRC Adds To Main VAT Registration Guide

29/09/2016(0)
The UK tax authority, HM Revenue and Customs, has updated VAT Notice 700/1 on value-added tax (VAT) registration following law changes intended to prevent VAT evasion. The Notice has ... Read More
HMRC

When you must pay UK VAT If you are an overseas online retailer

19/09/2016(2)
HMRC has issued a press releases to inform about the UK VAT in cases of overseas businesses using an online marketplace to sell goods in the UK. According to ... Read More
HMRC

HMRC launches plans to tackle black economy

30/08/2016(0)
HMRC has launched three consultations on proposals to clamp down on the black economy. The proposals include extending HMRC’s data gathering powers, forcing more business to register for tax purposes in ... Read More
HMRC

HMRC sets rules for Worldwide Disclosure Facility on unreported offshore accounts

29/08/2016(0)
The WDF will launch on 5 September 2016 and will be available to anyone who is disclosing a UK tax liability that relates wholly or in part to an ... Read More
HMRC

Tax advisers in Uk arrested in suspected £132m tax fraud

22/07/2016(0)
Three tax advisers have been arrested as part of a HMRC investigation into a suspected £132m tax fraud. The arrests were made as a result of a HMRC investigation into a ... Read More
VAT

EU VAT reforms could see the UK businesses charging VAT in the country where their customers are located

28/04/2016(0)
EU VAT reforms could see the UK businesses charging VAT in the country where their customers are located, a London accountancy firm has claimed. The European Commission aims to extend ... Read More
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FCA probes a further 44 firms over Panama Papers

28/04/2016(0)
The UK’s Financial Conduct Authority (FCA) has asked a further 44 financial services firms to disclose their involvement in the tax-evasive practices uncovered by the Panama Papers leak. The ... Read More
HMRC

HMRC’s response to the ICIJ story on offshore tax evasion

05/04/2016(0)
Jennie Granger, Director General of Enforcement and Compliance, HM Revenue and Customs, said: HMRC is committed to exposing and acting on financial wrongdoing and we relentlessly pursue tax evaders to ... Read More
hmrc

HM Revenue & Customs continues quest to develop digital presence by ditching IT contract that cost it £10bn

31/03/2016(0)
The UK’s tax authority made another move in its mission to go fully digital today by dropping an IT contract worth £10bn. HM Revenue and Customs (HMRC) has agreed ... Read More
hmrc

HMRC investigations into underpaid ‘sin taxes’ yield £1.6 billion

29/03/2016(0)
6% more than the £1.5 billion raised last year According to our research, HMRC investigations into underpayments of ‘sin taxes’ on cigarettes, alcohol yielded £1.63 billion in extra tax ... Read More
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