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HMRC

HMRC reveals 80% rise in annual allowance breaches

Tax & Regulation | 6 Mar 17

HMRC reveals 80% rise in annual allowance breaches

The number of people breaching the annual allowance has jumped by almost 80% for the 2014/15 tax year, data from HM Revenue & Customs (HMRC) has shown.

HMRC rejects film industry tax avoidance criticism

Tax & Regulation | 27 Feb 17

HMRC rejects film industry tax avoidance criticism

HM Revenue & Customs (HMRC) has rejected criticism over how it has handled the exploitation of tax breaks for the film industry, which Treasury chairman Andrew Tyrie claims has been “financially calamitous” for some investors.

UK tax take hits record highs for January

Tax & Regulation | 21 Feb 17

UK tax take hits record highs for January

The UK government’s tax take is on the rise according to new figures from HM Revenue & Customs for the all-important month of January, when most outstanding tax payments are due.

HMRC collects £140m in CGT crackdown

Tax & Regulation | 16 Feb 17

HMRC collects £140m in CGT crackdown

HM Revenue & Customs collected an additional £140m ($174m, €164m) from investigations into unpaid capital gains tax (CGT) by wealthy individuals and other taxpayers.

North America | 15 Feb 17

All Canadian schemes removed from HMRC Rops list

UK pension transfers to Canada have been effectively blocked after the three remaining Canadian recognised overseas pension schemes (Rops) were removed from HM Revenue & Customs’ (HMRC) list on Wednesday.

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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.