Tax Avoidance
Tax & Regulation | 5 Nov 14
10 things you need to know about tax avoidance
HMRC outlines 10 issues to consider before making the big leap into the controversial world of tax avoidance.
Avoidance investors must carefully consider
Investors facing fines from HM Revenue & Customs over their involvement in so-called avoidance schemes must carefully consider the motives of action groups that offer them help, warns a leading law firm.
Tax & Regulation | 17 Oct 14
UK tax gap widens to £34bn
The tax gap has increased to £34bn in the past year according to the latest figure from HM Revenue and Customs, but Baker Tilly’s George Bull has said that HMRC are nonetheless “winning the battle” against tax avoidance.
United Kingdom | 10 Oct 14
HMRC redefines promoters of tax avoidance
Draft legislation which is being examined by HM Revenue and Customs (HMRC) will exclude two types of people from the definition of promoters of tax avoidance schemes.
HMRC issues first accelerated payment notices
HM Revenue & Customs has issued its first accelerated payment notices to suspected tax avoiders, and will continue to do so on a monthly basis until it has sent out over 40,000 demands.