HMRC to close EBT settlement opportunity
A settlement opportunity for employers who have used Employee Benefit Trusts (EBT) to avoid tax will close in March 2015, HM Revenue and Customs (HMRC) announced today.
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Over 3 million renew tax credits on time
More than three million people renewed their tax credits on time, with many taking advantage of the new online option, HM Revenue and Customs (HMRC) announced today.
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HMRC clocks up another win over NT Advisors
HM Revenue and Customs (HMRC) has secured its eighth tribunal win in a row against tax avoidance schemes run by NT Advisors.
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Pay up time for offshore loan schemes
HM Revenue and Customs (HMRC) is today giving around 16,000 tax avoidance scheme users the opportunity to pay the tax they owe or risk facing bigger tax bills and heavy legal costs.
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Nearly 1 million tax credits claimants to lose benefit if they don't take action
With the tax credits renewal deadline just one week away, HM Revenue and Customs (HMRC) is reminding claimants to renew or face losing their payments.
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HMRC’s High Net Worth Unit brings in £1 billion
HM Revenue and Customs’ High Net Worth Unit – a specialist division which deals with the tax affairs of the UK’s wealthiest individuals – has brought in £1 billion in compliance yield.
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Derbyshire man jailed for tax fraud
Derbyshire man jailed for tax fraud A 30-year-old Alfreton man who worked with an accomplice to try to swindle over £205,000 in tax repayments from HM Revenue and Customs (HMRC) has been jailed today.
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Avoidance schemes members to make upfront payments
A list of tax avoidance schemes whose users may be required to make an upfront payment of tax has been published today by HM Revenue and Customs (HMRC).
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Top 10 tax credits renewal ‘excuses’ revealed
With the tax credits renewal deadline of 31 July just over two weeks away, HM Revenue and Customs (HMRC) has revealed the top 10 excuses for not renewing tax credits claims.
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Tax credits online renewal form launched
With the tax credits renewal deadline of July 31 less than one month away, HM Revenue and Customs (HMRC) has launched a new online service for the vast majority claimants to use.
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No tax relief for McLaren fine
Formula 1 racing giant McLaren has lost its claim that a £32 million fine imposed against it by the sport’s governing body should be tax deductible.
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Tax credits claimants warned over scam emails
Tax credits claimants are being warned about scam or “phishing” emails sent out by fraudsters in the run-up to the 31 July renewal deadline.
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