£4m windfall for underpaid workers
More than 26,000 workers denied the National Minimum Wage by their employers have received a £4 million windfall after action by HM Revenue and Customs (HMRC).
More than 26,000 workers denied the National Minimum Wage by their employers have received a £4 million windfall after action by HM Revenue and Customs (HMRC).
The sale of over £6 million of shares for a mere £592 lay at the heart of a tax avoidance scheme which would have left the UK taxpayer to pick up the tab, a tax Tribunal has heard.
Tax credits claimants are being warned by HM Revenue & Customs (HMRC) in the run-up to the renewal deadline about scam or “phishing” emails sent out by fraudsters.
A tax avoidance scheme designed to avoid VAT on car repairs that could have cost the Exchequer £600 million a year has failed after a successful challenge by HM Revenue and Customs (HMRC).
HM Revenue and Customs (HMRC) confirmed today that it is working with the United States and Australian tax administrations (the IRS and ATO) on data which reveals extensive use of complex offshore structures to conceal assets by wealthy individuals and companies.
Over one million employer PAYE schemes have started to report Pay as You Earn (PAYE) in real time since it was launched last month, HM Revenue and Customs (HMRC) announced today.
HM Revenue and Customs (HMRC) has been recognised for the success of its graduate recruitment scheme.
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.
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.
Tax Credit customers are being reminded by HM Revenue & Customs (HMRC) that they must renew claims by 31 July – or their payments might stop.
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.
A new online system to stop criminals evading VAT on road vehicles they bring into the UK has been launched today by HM Revenue & Customs (HMRC).