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HMRC

Companies | 31 Jul 18

£20bn withdrawn since pension freedoms launched

The popularity of the UK’s pension freedoms is showing no signs of slowing, with almost £20bn ($26.2bn, €22.4bn) having now been flexibly accessed since the reforms launched in April 2015, according to the latest figures from HM Revenue & Customs.

BBC could have avoided £170m in tax

Tax & Technical | 31 Jul 18

Tax probes into wealthy yield £281m extra in a year

The targeting of footballers’ tax affairs is among the reasons the UK Exchequer netted 29% more from the rich last year.

Former Arsenal football agent loses £1.2m tax battle

Industry | 26 Jul 18

Former Arsenal football agent loses £1.2m tax battle

A former top football agent, who had players on his books from Arsenal, Chelsea FC and Blackburn Rovers, has lost his £1.2m (€1.35m, $1.58m) tax battle with HM Revenue & Customs.

Hargreaves £15m tax case win over HMRC

Industry | 24 Jul 18

Under pressure UK taxman facing more High Court challenges

Taxpayers are fighting back against the more aggressive and dogmatic approach being taken by HM Revenue & Customs, according to law firm RPC.

Convoy warns of dodgy shares

Industry | 24 Jul 18

Naming and shaming tax avoiders doesn’t work

The threat of having their names made public does not stop people and companies from avoiding paying tax, a report commissioned by HM Revenue & Customs has found.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

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.