Tax & Regulation

Tax & Regulation | 6 Jun 13

A tax specialist has uncovered a ‘big hole’ in HMRC’s tax gap figures, following the publication of data by The Institute of Economic Affairs (IEA) relating to the amount of money the Exchequer is losing to the UK’s shadow economy.

North America | 5 Jun 13

A Geneva-based group representing Americans living abroad has taken advantage of a US congressional investigation into the Internal Revenue Service to explain how the IRS has taken to targeting Americans living overseas.

Tax & Regulation | 5 Jun 13

David Cameron has asked the leaders of the UK’s overseas territories to come to London on the eve of the G8 Summit later this month, as he seeks to strengthen his position as an enemy of tax evasion.

Tax & Regulation | 4 Jun 13

New reporting requirements set down in draft QROPS regulations HM Revenue & Customs issued last month “will only apply to pension schemes that ceased to be QROPS on or after the date that the regulations come into force”, HMRC has told International Adviser.

Tax & Regulation | 3 Jun 13

HM Revenue & Customs has sought to reduce the complexity of the way inheritance tax trust charges are calculated, in a consultation document released late yesterday in London.