Topics: Economy, Finance

  • Tax avoidance scheme beaten in court

    A marketed tax avoidance scheme which claimed to license newspaper mastheads to avoid tax has been successfully challenged by HM Revenue and Customs (HMRC) in court.

  • Decision time for Swiss account holders

    UK residents with Swiss bank accounts are to be warned that new landmark taxation arrangements are scheduled to come into force on 1 January next year.

  • HMRC closes in on tax cheats

    An advertising campaign warning tax cheats to declare all their income before it is too late was launched today by HM Revenue & Customs (HMRC).

  • RTI pilot hits the next level

    Up to 250,000 employers are set to join the Real Time Information in PAYE (RTI) pilot between now and 31 March 2013.

  • Business Records Checks re-launched

    Business Records Checks are being re-launched by HM Revenue and Customs (HMRC) today, following a review and extensive stakeholder consultation.

  • Child Benefit changes on the way

    Mary Aiston, HM Revenue & Customs’ Director of Personal Tax, explains the changes to Child Benefit from January and where to go for help.

  • Direct sellers urged to sort out their tax affairs

    HM Revenue & Customs (HMRC) has launched a campaign aimed at around 400,000 people involved in direct selling, to help them understand their tax obligations. Marian Wilson head of HMRC Campaigns explains.

  • 2010/11 tax gap figures published

    Figures released by HM Revenue and Customs (HMRC) today estimate the tax gap for 2010/11 at £32 billion, or 6.7 per cent of tax due, compared to 7.1 per cent in 2009/10.

  • Deadline looms for paper tax returns

    There are just days left to send your 2011/12 paper tax return to HM Revenue & Customs (HMRC), if you want to beat the 31 October deadline and avoid a penalty.

  • October reminder for paper tax returns

    HM Revenue & Customs (HMRC) is reminding anyone sending their 2011/12 tax return on paper that they need to do so by the 31 October deadline, if they want to avoid a penalty.

  • HMRC first for new IT contract

    HM Revenue and Customs (HMRC) has become the first Government department to sign a contract for the delivery of G-Cloud Services over the Public Services Network.

  • Direct sellers offered chance to settle tax bills

    People selling directly to customers and who haven’t paid all the tax they owe have been offered the opportunity to come forward and pay up under an HM Revenue & Customs (HMRC) campaign.

  • HMRC victory on stamp duty dodge

    HM Revenue & Customs (HMRC) has won a key court case defeating a widely-marketed scheme to avoid stamp duty land tax. The decision, subject to any appeal, could save more than £170 million for the UK Exchequer.

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