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

QROPS List – November 15, 2018

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Financial jurisdiction No of QROPS Australia 761 Austria 5 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 8 Gibraltar 30 Guernsey 57 Hong Kong 2 India 9 Ireland 63 Isle of...

Gifts Gone Wrong Raise Millions For Tax Man

You would think giving stuff away is easy - but if you want to gift your home to loved ones, the tax man will...

Taxman To Tackle Wealthy Families With Trusts

Wealthy taxpayers who rely on trusts to avoid paying tax on their fortunes could come under attack from HM Revenue & Customs. The tax authority...

QROPS List – November 1, 2018

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Country No of QROPS Australia 754 Austria 5 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 8 Gibraltar 30 Guernsey 56 Hong Kong 2 India 9 Ireland 61 Isle of Man 348 Jersey 48 Kenya 2 Latvia 3 Liechtenstein 2 Luxembourg 2 Malta 38 Mauritius 2 Netherlands 30 New...

Golden Age Of Contracting Coming To An End

Chancellor Phillip Hammond has extended the controversial IR35 tax rules to private businesses to make contractors pay the same taxes as all other workers. If...

Budget 2018: Hammond Resists Raid On Pensions

Chancellor Phillip Hammond resisted the temptation to raid pensions to raise money for his spending spree in Budget 2018. In the lead up to the...

A Million Pensions Worked Out On Wrong Payment Data

Almost a million retirement savers will have to get by with wrongly calculated pension payments because the tax man has pulled the plug on...

HMRC Tackles Footballers Over Suspected Tax Avoidance

The tax man is gunning for a slice of the billions of pounds paid to England’s leading soccer clubs and players. HM Revenue & Customs...

Shock Family Tax Bills For Ill Expats Gifting Unspent Pensions

Families of expats trapped in the UK’s wealth tax net could face a shock bill following a controversial court case. The Court of Appeal sided...

QROPS List – October 15, 2018

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Country No of QROPS Australia 741 Austria 5 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 8 Gibraltar 30 Guernsey 56 Hong Kong 2 India 11 Ireland 61 Isle of Man 347 Jersey 46 Kenya 2 Latvia 3 Liechtenstein 2 Luxembourg 2 Malta 38 Mauritius 2 Netherlands 30 New...

Home Owner Gets Tax Bill For Flat That Did Not Exist

Property investors must pay capital gains tax on homes that no one could live in because they had not been built, according to a...

Savers Punished For Putting Too Much Money Into Pensions

Government tinkering with the annual allowance has triggered a big increase in the number of retirement savers facing tax bills for investing too much...

QROPS List – October 1, 2018

The latest HM Revenue & Customs data for expats with QROPS offshore pensions. HMRC QROPS List - By country Financial Jurisdiction No of ROPS Australia 735 Austria 5 Barbados 1 Belgium 1 Bulgaria 3 Denmark 2 EU Institution 1 Finland 1 Germany 9 Gibraltar 30 Guernsey 56 Hong Kong 2 India 12 Ireland 61 Isle of...

Tax Filing Countdown Ticking Down For Expats

The final countdown for this year’s self-assessment returns has started - and anyone needing to register only has a few days to tell the...

Can Taxpayers Rely On Guidance From HMRC?

HMRC publishes tens of thousands of pages of technical guidance online - but can taxpayers really rely on what the information says? Probably not, according...

QROPS List – September 1, 2018

QROPS changes have seen 19 new of the offshore pensions for expats open worldwide. Seven were removed from the latest HM Revenue & Customs QROPS...

One In Four Families Checked For IHT Dodges

Tax investigators are targeting a quarter of bereaved families who they suspect of understating inheritance tax. HM Revenue & Customs has increased the number of...

Ignorance Of CGT Rules Is No Defence For Expat

An expat appealing against a fine for failing to file a non-resident capital gains tax return was thrown out by a tribunal judge. HM Revenue...

HMRC Too Late To Penalise Expats With Cash In Delisted QROPS

The tax man was to slow to penalise retirement savers who had invested in a rule-breaking QROPS pension. A judge at the First-Tier Tribunal agreed...

Tax Man Takes Pension Tax Relief Fight Back To Court

HM Revenue & Customs is determined not to give up a fight to block in specie pension transfers to SIPPS and QROPS. Millions of pounds...