Home Tags HMRC

Tag: HMRC

The list below is a collection of articles that refer to, mention or discuss HMRC or HM Revenue & Customs

HMRC Can’t Chase Expats Overseas, Says Judge

Expats can snub tax inquiries from HM Revenue and Customs without worrying about any comeback or penalties following a landmark court ruling. HMRC has always...

QROPS List – December 1, 2017

The official list of worldwide QROPS pensions has increased by 11 in the past two weeks – taking the global number to 1,163. The rising...

HMRC Intimidates Taxpayers Into Paying Up

Threatening to take taxpayers to court if they dispute HM Revenue & Customs rulings has helped boost the self-assessment tax take by £1.4 billion. Extra...

£100m Carbon Credit Scammers Jailed

A fake green investment gang who duped nearly 800 celebrities and wealthy investors into handing over more than £100 million has been jailed. The six-strong...

QROPS List – November 15, 2017

SIXTEEN offshore pensions were added to the HMRC QROPS List over the past 14 days. Worldwide, the number of QROPS grew from 1,136 on November...

Expat Wins CGT Challenge Against HMRC Penalties

HM Revenue & Customs has lost another challenge by an expat property owner against unfair charges for failing to file a capital gains tax...

Expat Landlords Urged Not To Miss Tax Filing Deadline

Expat landlords hoping to file a paper self-assessment return need to make sure they hit this month’s deadline. Landlords should have their return with HM...

Budget Gossip Fuelled By More Pension Tax Relief Leaks

The Treasury’s softly-softly approach to slashing pension contribution relief is slowly but surely gaining ground. Typically, if the Treasury has difficult to sell policy in...

QROPS List – October 10, 2017

The special relationship between the USA and QROPS pensions for British expats and Americans with UK pension savings is back on. The USA rejoined the...

Complicated IHT Tax Take Goes Up Despite New Nil Rate Band

The Treasury’s inheritance tax take is up by nearly a fifth despite a new relief designed to save families paying death duties. HM Revenue &...

QROPS List – October 1, 2017

Expat retirement savers have seen 16 QROPS pensions added to the official HMRC listing over the past two weeks, while four have been removed. Six...

QROPS List – September 15, 2017

The net number of QROPS offshore pensions for expats has risen by 38 in the past two weeks. HMRC says 40 new pensions have opened,...

Tax Avoidance Firm Loses ‘HMRC Approved’ Ad Challenge

A ruling from advertising watchdogs that carrying the HM Revenue & Customs on advertising materials is misleading leaves the way open for government departments...

QROPS List – September 1, 2017

The past two weeks has been business as usual for QROPS expat offshore pensions, according to the latest figures from HM Revenue & Customs. The...

HMRC Claims Tax Penalties From 1m By Mistake

The tax man has chased almost a million people for late-filing penalties that they did not owe. The innocent taxpayers received threatening letters and calls...

No Tax Relief For Business Angels Without The Right Paperwork

HM Revenue & Customs is warning that no tax reliefs will be paid to investors in government-backed business angel schemes unless they can produce...

QROPS List – August 15, 2017

Sweden has rejoined the list of financial centres offering QROPS pensions for expats after losing the status in April. The Nordea Pension Plan has relisted...

Landlord Jailed For Evading CGT On Buy To Let Sales

A buy to let landlord has been jailed for 27 months after failing to pay a tax bill of almost £158,000 when selling two...

Tax Avoidance Crackdown Raises £30 Billion

The UK tax man has raised almost an extra £30 billion in the past year from cracking down on avoidance. The boost came in a...

CGT Property Tax Penalties Clarified For Expats

Expats face extra penalties for not dealing with capital gains tax on selling homes in the UK. HM Revenue & Customs has updated online guidance...