Gone phishing – 75,000 fake tax refund emails reported
HM Revenue and Customs (HMRC) is warning taxpayers to be on their guard against fraudulent phishing emails, after almost 75,000 fake emails were reported to the taxman over the last six months.
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HMRC publishes 2012-13 tax gap
The tax gap, which is the difference between the amount of tax due and the amount collected, was 6.8% of tax liabilities, or £34 billion, in 2012-13.
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Taxman’s warning on paper tax returns
HM Revenue and Customs (HMRC) is warning people who have to complete a 2013/14 tax return that paper returns received after the 31 October deadline will result in a £100 penalty.
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University brought to book over tax avoidance
A tax tribunal has backed HM Revenue and Customs (HMRC) in yet another tax avoidance case – this time against a university which claimed over £600,000 in VAT.
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HMRC seeks tomorrow’s top tax talent
HM Revenue and Customs (HMRC) is searching for more than 250 graduates to join its graduate training scheme.
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Digital services suppliers urged to register for new EU VAT service
Businesses supplying digital services across the European Union will be able to register for a new online VAT service from 20 October.
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Tyrone farmer jailed for VAT fraud
A Co Tyrone farmer who tried to steal over £1.3 million in a VAT fraud has been jailed for 16 months after an investigation by HM Revenue and Customs (HMRC).
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Penalties for late real-time PAYE returns to be phased in
Employers with fewer than 50 employees will face automated in-year penalties for late real-time PAYE returns from 6 March next year.
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Crackdown on property tax dodgers
A taskforce tackling people trying to dodge property tax in the south west and south Wales was launched today by HM Revenue and Customs (HMRC).
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No immunity from tax for vaccine avoidance scheme
A tax avoidance scheme which abused the reliefs offered for research into life-saving vaccines to claim back £77 million in tax has been rejected again by a tribunal.
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HMRC appoints two new Non-Executive Directors
HM Revenue and Customs (HMRC) has announced the appointment of two new Non-Executive Directors.
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New criminal offence and penalties for offshore tax evaders
People with undeclared offshore tax liabilities are being urged to come forward and pay what they owe or face prosecution, under new rules announced by the government today.
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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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