HMRC

Tax & Regulation | 5 Jul 12

A UK taxpayer is to pay some £830,000 in back tax, fines and costs to the UK tax authorities after being found guilty of using an undisclosed HSBC account in Switzerland to hide his money, in HM Revenue & Customs’ first successful prosecution to be based on information obtained from HSBCs Geneva branch in 2010.

People Moves | 4 Jul 12

With Dave Hartnett preparing to step down as permanent secretary for tax at HM Revenue & Customs at the end of this month, after almost four years in the role, his successor has been named as Edward Troup.

United Kingdom | 25 Jun 12

Responses to the UK Treasurys proposed statutory residency test, which is aimed at replacing a cumbersome residency system based mainly on case law, have been published by HM Revenue & Customs.

Retirement | 22 Jun 12

More than 120 investors who transferred their UK pensions into the Singapore based ROSIIP QROPS are taking legal action against HM Revenue & Customs after the Revenue threatened them with a 55% tax charge following its removal from the list of registered schemes in 2008.

Retirement | 1 Jun 12

HM Revenue & Customs has told Guernsey officials that it is willing to reconsider allowing some “domestic” Guernsey QROP schemes that were delisted in April to regain their status, following negotiations with Guernseys Income Tax Office.