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HMRC

UBS, Deutsche Bank lose major UK banker bonus tax case

Tax & Regulation | 9 Mar 16

UBS, Deutsche Bank lose major UK banker bonus tax case

HM Revenue & Customs (HMRC) has shut down a major tax avoidance scheme used by bankers at UBS and Deutsche Bank to avoid paying around £135m in tax.

Qrops bounce back in Australia after HMRC cull

Retirement | 3 Mar 16

Qrops bounce back in Australia after HMRC cull

The number of Australian Qrops recognised by HM Revenue & Customs has leapt to more than 100 schemes in its latest updated list.

IHT tools to escape HMRC tax disclosure rules

Tax & Regulation | 10 Feb 16

IHT tools to escape HMRC tax disclosure rules

Including popular inheritance tax planning vehicles in the UK’s tax avoidance disclosure regime would be a step too far, HM Revenue & Customs has agreed.

Accelerated Payment Notices net HMRC over £2bn

Tax & Regulation | 9 Feb 16

Accelerated Payment Notices net HMRC over £2bn

HM Revenue & Customs has collected more than £2bn ($2.9bn, €2.6bn) in disputed tax from would-be avoiders since it brought in its Accelerated Payments notices in 2014.

Activist actor takes aim at HMRC loopholes in TV documentary

Tax & Regulation | 8 Feb 16

Activist actor takes aim at HMRC loopholes in TV documentary

A documentary programme on Britain’s Channel 4 to be aired on Monday (8 February) will see actor Greg Wise pose as a client while two financials advisers offer to help him exploit HMRC’s tax loopholes.

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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.