Apr 23, 2013 11:05 BST HM Revenue & Customs (HMRC) Bristol and West, owned by the Bank of Ireland, has lost an attempt at Tax Tribunal to avoid paying around £30 million tax on a £91 million gain. The company transferred a swap contract to another Bank of Ireland subsidiary in a flawed attempt to exploit what it thought was a loophole in the tax rules.
Apr 22, 2013 13:04 BST HM Revenue & Customs (HMRC) An independent tax advisor from Birmingham, who stole £400,000 of taxpayers’ money in a VAT and income tax fraud, has been jailed for 18 months at Worcester Crown Court.
Apr 22, 2013 12:02 BST HM Revenue & Customs (HMRC) A specialist unit dealing with the country’s wealthiest taxpayers brought in a record £220 million of extra tax last year, HM Revenue and Customs (HMRC) revealed today.
Apr 22, 2013 11:31 BST HM Revenue & Customs (HMRC) The ringleaders of a gang involved in the illegal importation of millions of cigarettes through Dover have been jailed.
Apr 22, 2013 09:49 BST HM Revenue & Customs (HMRC) Tax Credit customers are being reminded by HM Revenue & Customs (HMRC) that they must renew claims by 31 July – or their payments might stop.
Apr 22, 2013 01:56 BST Profits and People Pty Ltd Companies, governments and event organizers need better risk management strategies in order to prevent disasters like the Boston Bombings and the Waco disaster. Risk management needs to be taken more seriously and so do budgeting relating to risk management. Complacency in these areas is inexcusable.
Apr 19, 2013 09:10 BST UK IT Association According to a survey commissioned by E-skills 2012 saw an average of 173,000 IT vacancies for each fiscal quarter, a figure which represents an amazing fifty two percent increase since 2009. The projections are for the increase in demand for IT professionals to increase by at least double the UK average until 2020.
Apr 18, 2013 10:00 BST HM Revenue & Customs (HMRC) If you haven’t sent in your 2011/12 tax return online, be warned – you’ll be hit with more penalties from next month if you still haven’t filed.
Apr 16, 2013 10:37 BST HM Revenue & Customs (HMRC) A London pensioner who peddled smuggled cigarettes and huge quantities of illegal, Viagra-type medicine had to swallow a bitter pill today after being jailed for 15 months at Isleworth Crown Court.
Apr 15, 2013 18:17 BST HM Revenue & Customs (HMRC) Two members of a gang, previously jailed for their part in a plot to steal £17 million in a “missing trader” VAT fraud, will have to pay back nearly £2.3 million or face further time in jail.