HMRC urges everyone to renew their tax credits early and online
HM Revenue and Customs (HMRC) is urging people to renew their tax credits claim online as soon as possible ahead of the deadline in July.
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Week left for solicitors to settle tax bills
Solicitors have a week to pay the tax they owe on undeclared income or face hefty penalties, HM Revenue and Customs (HMRC) warned today.
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HMRC investigates suspected Money Laundering Regulations breaches
Five properties in The Lothians and Fife, the registered addresses for around 1,500 companies, were searched yesterday morning by officers from HM Revenue and Customs (HMRC). The searches are part of an investigation linked to suspected Money Laundering Regulations breaches and illegal film distribution.
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Clothing giant Next loses tax avoidance case
High street retailer Next has been hit with a £22.4m tax bill after a court ruled the firm’s complex tax scheme was artificial tax avoidance.
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HMRC scores hat trick of avoidance wins
HM Revenue and Customs (HMRC) has secured three tribunal wins against tax avoidance schemes, protecting over £260 million in tax.
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Government ramps up efforts to tackle digital multinational tax risks
HM Revenue and Customs (HMRC) has today confirmed it is working with five other tax authorities to share information about how digital multinationals might be shifting their profits to tax havens.
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High risk promoters of tax avoidance face government clampdown
Today the government is taking further tough action to crack down on tax avoidance promoters.
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Multinationals face £1.1 billion in extra tax after HMRC challenges transfer pricing
Multinational corporations were hit with £1.1 billion in extra tax demands last year after HMRC successfully challenged the prices charged between companies in the same multinational group for goods and services.
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HMRC wins Eclipse court case to protect £635 million in tax
The Court of Appeal today ruled in favour of HM Revenue and Customs against Eclipse Film Partners (No 35) LLP, protecting an estimated £635 million in tax.
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HMRC launches Charities Digital Service
Charities can now register their details online with HM Revenue and Customs (HMRC).
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HMRC statement on French Finance Minister remarks
An HM Revenue and Customs (HMRC) spokesperson said:
"As the French Finance Minister confirmed, there were strict conditions under the terms of the agreement about the use of the HSBC Suisse data that the French tax authority shared with HMRC.
"Our records show that, since 2010, we have asked the French on several occasions for permission to use the data for purposes wider than tax, for exam -
Company car drivers can report changes to HMRC online
An online trial has been launched by HM Revenue and Customs (HMRC), allowing company car drivers to make changes to car and fuel benefits that will affect their tax codes.
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