HMRC

Tax & Regulation | 14 Apr 14

The UK Government today published details of its latest plans to ramp up pressure on tax evaders who hide money offshore, which include making it easier to prosecute them, with a prison sentence possible for those found guilty, even if, it is being suggested, they did not intend to evade taxes.

Tax & Regulation | 3 Apr 14

The revenue the UK Government will see in its coffers as a result of the Liechtenstein Disclosure Facility amnesty scheme "is likely to fall significantly short of its £3bn target", a UK law firm has predicted.

Tax & Regulation | 2 Apr 14

Advisers whose clients are among the 65,000 individuals and businesses said to be under investigation for having used UK tax avoidance schemes, are being told that they should begin urging these clients to line up the cash necessary to pay the disputed amount by early autumn.

Tax & Regulation | 19 Mar 14

Legislation enabling HM Revenue & Customs to be able to demand upfront payment of tax it claims it is owed, but which is in dispute, was among a range of measures UK Chancellor George Osborne unveiled in his budget today.

Tax & Regulation | 11 Mar 14

Proposals by HM Revenue & Customs to group together similar tax avoidance cases have come under further fire from industry experts.