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HMRC

Making tax digital: HMRC’s myth-buster

Tax & Regulation | 29 Jan 16

Making tax digital: HMRC’s myth-buster

Horror stories have been rife since HM Revenue and Customs (HMRC) committed to transforming and digitising the UK tax system at the March 2015 budget. To allay fears the tax regulator has addressed some of the myths that have arisen.

Rate of UK flexible pension drawdowns slows

Retirement | 27 Jan 16

Rate of UK flexible pension drawdowns slows

The number of people taking advantage of the new pension freedoms dropped by 13.3% between the third and fourth quarters of 2015, with the total value of funds released down by nearly a third.

Former KPMG partner among 10 charged with tax cheating

Tax & Regulation | 20 Jan 16

Former KPMG partner among 10 charged with tax cheating

The former head of investment advisory for KPMG in the UK, Patrick McCoy, is one of 10 people charged with tax cheating offences who have been ordered to appear at Birmingham Magistrates’ Court next month.

My dog ate my tax return…

Tax & Regulation | 15 Jan 16

My dog ate my tax return…

“Self-assessment” and “tax return” are words that will cause even the most diligent of us to feel as though we’ve suddenly developed narcolepsy. An onerous task at best, people have come up with various excuses as to why they failed to meet the 31 January deadline. Click through the gallery to see the 10 worst excuses HM Revenue & Customs received from those missing the 2013-14 deadline.

UK adviser gets five years for tax evasion

Tax & Regulation | 12 Jan 16

UK adviser gets five years for tax evasion

A UK tax adviser and accountant has been jailed for five years after being found guilty of evading more than £6m in tax for himself and his clients, who were mostly from the media and entertainment industry.

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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.