HMRC
United Kingdom | 30 Oct 14
Annual tax gap figures political football
HMRC’s annual publication of tax gap figures, while arguably “unique”, has been decried as “dangerous” and a “political football” by tax experts.
Countries unite in global tax evasion crackdown
More than 50 nations signed a new international standard for the automatic exchange of information today with the aim of reducing the global facilitation of tax evasion.
HMRC to miss target unless LDF
The Liechtenstein Disclosure Facility (LDF) must see a “dramatic” influx in declarations or HM Revenue & Customs will fail to meet its £3bn target, says a leading tax specialist.
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.