HMRC
Tax & Regulation | 17 Jun 13
banks face naming and shaming over legal
Banks could be “named and shamed” for assisting in tax avoidance, even if it is legal avoidance, under proposals issued by HM Revenue & Customs.
Tax & Regulation | 11 Jun 13
hmrc closes advisers 24m tax avoidance
HM Revenue & Customs has won a Tribunal to close down a tax avoidance scheme which had sought to cheat the public purse of £2.4m through the use of Employee Benefit Trusts.
Tax & Regulation | 3 Jun 13
hmrc looks to simplify as it issues iht trust
HM Revenue & Customs has sought to reduce the complexity of the way inheritance tax trust charges are calculated, in a consultation document released late yesterday in London.
Tax & Regulation | 3 Jun 13
draft qrops regs said not to apply
The new reporting requirements set down in the draft QROPS regulations issued last month by HM Revenue & Customs will not apply to schemes that lost their QROPS status before the regulations become law, at least as currently proposed, pension industry sources report.
Tax & Regulation | 3 Jun 13
hmrc launches online tool for calculating
Now that the UK has its first-ever statutory definition of UK residency for tax purposes, the tax authorities have come up with a tool to help people determine their status.