HMRC
United Kingdom | 16 May 13
hmrc wins high court case over 20m
HM Revenue & Customs has won a court case against pressure group UK Uncut over claims that a backroom deal it struck with Goldman Sachs, in which it agreed to let the bank off a £20m interest payment, was unlawful.
Tax & Regulation | 10 May 13
uk advisers targeted by hmrc for involvement
Around 200 UK-based advisers, accountants and lawyers are to be scrutinised by HM Revenue & Customs for their involvement with “complex offshore structures” to conceal assets for wealthy individuals and companies.
Tax & Regulation | 19 Apr 13
advisers increasingly face negligence claims
Advisers are facing the threat of legal action from out-of-pocket clients who have been caught by HM Revenue & Custom’s crackdown on tax avoidance schemes.
Tax & Regulation | 9 Apr 13
tax cheats warned as hmrc launches new disclosure
Those evading tax by hiding money in the Isle of Man, Jersey or Guernsey are being warned by HM Revenue & Customs to “come clean” before it clamps down on them.
United Kingdom | 28 Mar 13
uk finance bill finally introduces gaar qrops
The UK Parliament today published the Finance Bill 2013 containing a raft of measures aimed at tackling tax avoidance including the country’s first General Anti-Abuse Rule, as well as some expected minor amendments to the reporting requirements for QROPS.