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HMRC

UK-tax

UK Planning Law Change For VAT Groups

18/01/2016(0)
The UK Government has announced a consultation on changes to the nation’s VAT grouping provisions, following the European Court of Justice’s rulings in the cases Larentia + Minerva and ... Read More
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‘Big Four’ audit firms never examined over illegal tax plans

18/01/2016(0)
Regulators fail to act as they are dominated by the companies they are supposed to police, say critics Audit and accountancy firms who devise tax-avoidance schemes ruled unlawful have ... Read More
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HMRC admits to winding up inquiry into HSBC tax evasion claims

14/01/2016(0)
Only one person was prosecuted following claims the bank turned a blind eye to illegal activities of hundreds of wealthy customers HM Revenue and Customs has wound up its ... Read More
EU-VAT-MOSS

VAT MOSS traders question business status

12/01/2016(0)
Businesses caught up in the EU VAT changes are considering if they are actually “in business” and within the scope of the VAT MOSS scheme, following a recent HMRC briefing document. The tax authority’s latest guidance states ... Read More
HMRC

HMRC: Lin Homer to step down as HMRC CEO in April

12/01/2016(0)
Lin Homer has announced today that she is to leave HM Revenue and Customs (HMRC) in April, after more than four years as Chief Executive and Permanent Secretary and ... Read More
HMRC

Seven big investment banks in UK paid just $30 million tax in 2014

29/12/2015(0)
Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of ... Read More
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Increase In Tax Penalties Issued To UK Financial Directors

23/12/2015(0)
The number of penalties issued under UK tax authority’s Senior Accounting Officer (SAO) regime more than doubled in 2014-15, according to research by international law firm Pinsent Masons. Pinsent ... Read More
HMRC

HMRC pushes ahead with criminalising failure to prevent tax evasion

11/12/2015(0)
New offence could become a ‘damp squib’ ignored by foreign companies, warns tax lawyer HMRC is to go ahead with a bid to create a new criminal offence for ... Read More
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Four senior KPMG partners arrested in HMRC tax evasion inquiry

27/11/2015(0)
Accountancy firm places most senior staff in Northern Ireland on administrative leave pending tax evasion inquiry Four senior executives from the Belfast office of accountancy firm KPMG have been arrested in ... Read More
HMRC

HMRC collects £3.5bn from investigations into big businesses’ underpaid corporation tax

23/11/2015(0)
HMRC collected an extra £3.5bn in corporate tax from challenging businesses on their payments in the last tax year, according to figures from Pinsent Masons. The £3.5bn came from investigations ... Read More
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