HMRC
Tax & Regulation | 14 Jul 17
HMRC tax clampdown brings £29bn boost to UK government coffers
HM Revenue & Customs’ action on tax avoidance, evasion and organised crime has brought in record additional revenues of £29bn ($37.6bn, €32.9bn) in the past fiscal year, as revealed in its latest annual report.
Tax & Regulation | 7 Jul 17
Ten ways HMRC is catching tax cheats
Recent high-profile wins against tax evaders prove that when it comes to cracking down on tax dodgers, HMRC is serious about stepping up not only its surveillance but also about finding innovative ways of catching out tax cheats. Here are some the methods the UK tax office employs.
Best Practice | 6 Jul 17
HMRC doubles tax evasion requests to overseas governments
HM Revenue and Customs has almost doubled its requests to governments elsewhere in the world for help in suspected tax evasion cases over a five-year period, according to figures obtained by law firm Pinsent Masons.
Tax & Regulation | 6 Jul 17
HMRC wins long-running case against Rangers football club
The UK Supreme Court has ruled in favour of HMRC in its seven-year pursuit of Rangers Football Club for aiding and abetting tax avoidance using Employee Benefit Trusts (EBTs).
Best Practice | 5 Jul 17
Tax planning trustees warned over beneficial register deadline
Many trustees will have too little time to comply with the new rules for the beneficial ownership register of trusts, and others will have huge amounts of information to gather, international audit, tax and consultancy firm RSM has warned.