HMRC
DeVere Green praises maturing UK
The UK government’s proposal to give Qualifying Recognised Overseas Pension Schemes (QROPS) the same rights as traditional UK-based pensions demonstrates the maturity of the pension transfer market, says deVere’s Nigel Green.
Tax & Regulation | 6 Oct 14
Jailed pension scheme frauds ordered
Two directors of Tudor Capital Management have been jailed and ordered to pay back £5.1m after they set up a fraudulent pension scheme
HMRC to extract tax debt from wages
HM Revenue & Customs can now collect up to £17,000 a year in tax debts directly from the wage packets of high earners, following a largely overlooked constitutional change labelled staggering and regrettable by experts.
HMRC issues first accelerated payment notices
HM Revenue & Customs has issued its first accelerated payment notices to suspected tax avoiders, and will continue to do so on a monthly basis until it has sent out over 40,000 demands.
Tax & Regulation | 9 Sep 14
Vaccine tax avoidance scheme loses in court
A cynical tax avoidance scheme which abused the reliefs offered for research into life-saving vaccines to claim back £77m, has been rejected at a second tribunal.