Tax Avoidance
Tax & Regulation | 26 Jan 15
Tax crackdown sees 60% surge in revenue
HMRC’s clampdown on tax avoidance and evasion saw the amount collected from mass affluent taxpayers soar by £137M according to a report from Pinsent Masons.
Tax & Regulation | 15 Dec 14
Accelerated payment notices secure tax
Almost all of the £29m in disputed tax due from the first group to receive accelerated payment notices has been recovered by HMRC.
Margaret Hodge attacks PwC on tax avoidance
MP Margaret Hodge has accused accounting firm PwC of “selling tax avoidance on an industrial scale”.
Govt continues tax crackdown
George Osborne has used this year’s Autumn Statement to announce a further hardening of the UK Government’s stance against offshore tax evasion, with a particular focus on tax avoidance promoters, and, for the first time, inheritance tax (IHT).
HMRC bank raid proposals diluted
HM Revenue & Customs has introduced safeguards to reduce the potential impact of its proposals to recover tax directly from debtors bank accounts.