HMRC
Tax & Regulation | 27 Aug 14
Critics slam morally questionable HMRC
Financial advisers will be forced to endure sharp increases in lawsuits, insurance premiums and compensation costs in the wake of HM Revenue & Customs (HMRC) morally questionable tax avoidance clampdown, warn senior industry figures.
Tax & Regulation | 19 Aug 14
Criminalised offshore regions increasingly
The impacts of HM Revenue & Customs plans to criminalise offshore tax evasion are looking increasingly severe, as nearly 40% of advisers with clients holding offshore assets claim their customers now prefer to invest into non-disclosure jurisdictions.
Tax & Regulation | 18 Aug 14
HMRC is closing in on you Offshor
HM Revenue & Customs has told offshore tax evaders to come forward now before we come to you, as it makes failure to declare taxable offshore income and gains a strict liability offence.
Tax & Regulation | 15 Aug 14
HMRC moves goalposts
UK employee benefit trust (EBT) users will no longer be granted access to the full tax saving benefits of the Liechtenstein Disclosure Facility (LDF), following a “remiss” agreement between HM Revenue & Customs and the Government of Liechtenstein.
Tax & Regulation | 12 Aug 14
HMRC denies plans to charge IHT before death
HM Revenue & Customs has denied claims it plans to collect IHT from an estate before the individual has died.