The concept of Simple Assessment has been in development since December 2015. So, what is it, and who will be affected? Read More...
View articleEnding a decade long legal battle, the Supreme Court has ruled HMRC does not have to pay Littlewoods £1.25bn in compound interest Read More...
View articleStatistics from HMRC reveal the UK tax gap fell to a record low of 6% in the 2015/16 tax year Read More...
View articleTax receipts in biggest leap since recession, accountancy network says Read More...
View articleThe Upper Tribunal ruled the scheme was “artificial and uncommercial” Read More...
View articleThe Public Accounts Committee has called on HMRC to act with urgency to tackle VAT fraud, and disputed that the revenue authority has the ability to c...
View articleHMRC is probing at least two Manchester United players over potential image rights tax dodging that allegedly occured over the 2014-2015 season Read M...
View articleHMRC lost only three out of 26 tax avoidance cases taken to court last year and had one mixed result, positioning them as a formidable force Read More...
View articleVAT revenue made up 49% of the additional tax take from SMEs following HMRC investigations into SME tax compliance Read More...
View articleThe Upper Tribunal Court has upheld a ruling in favour of Sports Direct and against HMRC’s position that the retail company owed millions in EU VAT Re...
View articleThis is part of HMRC’s efforts to clamp down on white collar tax evasion, and new legislation criminalising failure to prevent tax evasion will give H...
View articleThe GAAR advisory panel stated that the use of gold as payments for employees is “abnormal and contrived” and “not a reasonable course of action” Read...
View articleHMRC has appointed new director generals to head their customer services and customer compliance groups Read More...
View articleIn 2012, HMRC made 591 requests to foreign governments. In 2016, this number stood at 1096, a 7% increase on 1025 requests made in 2015 Read More...
View articleHMRC received a record number of 90 judicial reviews last year, raising concerns about the tax authority's potential misuse of power Read More...
View articleHMRC has increased investment in its Fraud Investigation Service staff, suggesting that investigations into large corporates may be in progress Read M...
View articleHMRC collected a record £5.1bn in inheritance tax in the year June 2016 to May 2017, according to private client law firm Wilsons Read More...
View articleThe system of late submission and late payment penalties is due to go into effect in April 2019 after a year-long grace period Read More...
View articleWith HMRC increasing its focus on VAT compliance, what can SMEs do to ensure that they have the correct processes in place and are prepared for a futu...
View articleAPNs are issued to individuals and businesses who are suspected of having engaged in tax avoidance, and require full payment of the disputed tax withi...
View articleFormer chief executive of HMRC Dame Lin Homer has been appointed to the ICAS council as a public interest member Read More...
View articleFollowing recent issues with HMRC’s personal tax computation software, Brian Palmer of the AAT questions whether the government’s implementation timef...
View articleVAT is a key area of focus for HMRC, with further inquiries likely to follow, according to tax investigation insurance specialists PfP Read More...
View articleAt HMRC, Dmitri Surendran was responsible for leading the London team of the offshore, corporate and wealthy unit of the fraud investigation service R...
View articleThe Practitioner becomes frustrated with HMRC's approach to a client's VAT investigation Read More...
View articleThe amount collected has fallen from £301.2m in 2014-15, indicating that the government’s strategy and legislative changes have been successful in pre...
View articleA total of £16bn was lost through tax fraud last year, according to estimates released by Pinsent Masons Read More...
View article