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HMRC

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.

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.

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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.