HMRC
Tax & Regulation | 28 Oct 14
Divorcees top list of tax evasion tip offs
The number of informants being paid by HMRC to provide information about tax evasion has reached a record high, with former spouses coming top of the list for tip-offs, according to City law firm, RPC.
HMRC tax demands total 250m
HM Revenue & Customs has demanded £250m in disputed tax over its first two months of issuing the accelerated payment notices introduced in this years Finance Act.
Italy to introduce unique tax
Italy is to introduce a remarkable voluntary disclosure programme with the aim of urging taxpayers to declare foreign undisclosed assets and funds.
Avoidance investors must carefully consider
Investors facing fines from HM Revenue & Customs over their involvement in so-called avoidance schemes must carefully consider the motives of action groups that offer them help, warns a leading law firm.
Tax & Regulation | 17 Oct 14
UK tax gap widens to £34bn
The tax gap has increased to £34bn in the past year according to the latest figure from HM Revenue and Customs, but Baker Tilly’s George Bull has said that HMRC are nonetheless “winning the battle” against tax avoidance.