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HMRC

avoidance scheme disclosure falls sharply

Tax & Regulation | 5 Nov 13

avoidance scheme disclosure falls sharply

There was a sharp decline in the number of disclosures of tax avoidance schemes in the latest six months to September 2013, according to official figures from the HM Revenue and Customs.

highest number of staff leave hmrc in four years

Tax & Regulation | 4 Nov 13

highest number of staff leave hmrc in four years

Almost 1,700 employees left HMRC in the last 12 months, the highest number in four years, as the department comes under increased pressure to clamp down on tax evasion.

aberdeen loses appeal over tax avoidance scheme

United Kingdom | 30 Oct 13

aberdeen loses appeal over tax avoidance scheme

HM Revenue & Customs has won a legal battle against Aberdeen Asset Management over an offshore tax scheme used to pay employees’ bonuses.

hmrcs tax haul jumps 40 boosted by investigations

Tax & Regulation | 21 Oct 13

hmrcs tax haul jumps 40 boosted by investigations

The amount of additional tax recovered by HM Revenue & Customs following investigations into personal tax returns has increased by almost 40% since last year.

uk tax gap falls marginally to 7

Tax & Regulation | 14 Oct 13

uk tax gap falls marginally to 7

The UK’s ‘tax gap’ for the 2011-2012 tax year at stood at £35bn ($56bn, 41bn), or 7%, continuing a long-term downward trend, according to figures released late last week.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.