Press Releases

HMRC wins £29 million tax avoidance case

Jul 23, 2015 12:30 BST HM Revenue & Customs (HMRC) HM Revenue and Customs (HMRC) has defeated an artificial tax avoidance scheme involving the Brain Disorders Research Limited Partnership and Neil Hockin (a partner), after the First-Tier Tribunal ruled against the users’ attempts to claim £29 million in tax relief. The investors claimed to have spent £122 million on research, when in fact only £7 million reached the genuine research company.

Professor Stephen Hawking’s former PA confirmed for office* 2015

Jul 22, 2015 16:00 BST office* ​Judith Croasdell, former PA to Professor Stephen Hawking – one of the world’s most famous scientists, has been confirmed to host a headline Keynote at this year’s office* show, which returns to London’s Olympia on 13-14 October.

Prepare for registration scheme, alcohol wholesalers urged

Jul 22, 2015 13:22 BST HM Revenue & Customs (HMRC) Alcohol wholesalers need to start preparing to apply for the new Alcohol Wholesaler Registration Scheme, HM Revenue and Customs urged today.

VAT fraudsters ordered to repay criminal profits

Jul 21, 2015 17:41 BST HM Revenue & Customs (HMRC) Convicted fraudsters, who were part of an 18-strong crime gang that stole £20 million in a mobile phone VAT fraud, have been ordered to repay over £2.3 million, as part of ongoing confiscation proceedings by HM Revenue and Customs (HMRC).

Jul 21, 2015 15:55 BST AXA PPP healthcare 21 July 2015: AXA UK has today received clearance from the UK Competition and Markets Authority(CMA) for the acquisition of Simplyhealth’s private medical insurance (PMI) business.

​‘Clairvoyant’ cleaner jailed for VAT fraud

Jul 21, 2015 14:22 BST HM Revenue & Customs (HMRC) A Perth cleaner, who told HMRC investigators, "I knew I was gonna get caught", after he claimed to have spent over £250,000 in two years on business supplies, has been jailed for 12 months.

AXA PPP healthcare takes two giant steps for better access to digital healthcare

Jul 20, 2015 09:26 BST AXA PPP healthcare Launched today,MyActive+ from AXA, developed and delivered by AXA PPP healthcare, is a digital platform offering discounted lifestyle and wellbeing products and services along with insightful content for consumers.

Tobacco seized in North Wales

Jul 17, 2015 16:16 BST HM Revenue & Customs (HMRC) An operation to disrupt the sale and supply of illegal tobacco in North Wales uncovered more than 1.6 million cigarettes, 700kg kilos of hand-rolling tobacco and 3000 litres of alcohol.

Jul 17, 2015 11:30 BST Marketforce Business Media The European Insurance Fraud Summit brings together industry experts from small local insurers to large multinationals in the fight against fraud, addressing the challenges and opportunities of moving online.

HMRC delivered record tax revenues in 2014-15

Jul 16, 2015 17:18 BST HM Revenue & Customs (HMRC) HM Revenue and Customs (HMRC) announced today that it collected a record £517.7 billion in tax in 2014-15 (an increase of £12 billion on the previous year), as a result of economic growth and the continued crackdown on tax evasion and avoidance.