Tag: HMRC

HM Revenue & Customs should concentrate on trawling data to catch persistent tax evaders rather than punish taxpayers who make mistakes with ever more...

Britain has a £33 billion tax gap - but does the imagined amount of missing money really exist? HM Revenue & Customs estimates the tax...

The number of serious evasion cases under investigation by the UK tax authority is up by almost a fifth in the past year. HM Revenue...

There have always been fraudsters and thieves, but Pensions Freedoms, which came into force April 2015, may have made it easier for scammers to...

Self-employed expat contractors based in Britain but working on projects overseas face a crackdown to make sure they are paying the right amount of...

Next time you receive an email or text message from the tax man, just delete it because it’s a scam. Thousands of taxpayers have messages...

More than 100 new Qualifying Recognised Overseas Pension Schemes have joined the official listings this year, according to the latest data. HM Revenue & Customs...

The amount of tax paid by retirement savers putting too much money into their pensions has tripled after a succession of cuts to the...

Experts charged with overhauling the rules over how inheritance tax is charged have issued a plea for help. They want families and professionals who have...

If you are subject of a dreaded inquiry from the tax man, rest assured the probe into your financial affairs is not random. HM Revenue...

Only one in three over 55s approaching retirement who take advice from an IFA have considered inheritance planning, according to research. The findings suggest not...

The tax man is probing the financial affairs of 180 football stars at 51 English Premier League and Football League clubs in an inquiry...

Filing a tax return late is expensive - as the 745,000 taxpayers who missed the self-assessment deadline at midnight on January 31 are about...

Taxpayers with cash, property and investments overseas are approaching their last chance to bring their tax affairs up to date. Any taxpayer who has failed...

Aggressive tax inspectors are turning the screw on grieving families by challenging claims for inheritance tax reliefs, say financial experts. The tax take for HM...

QROPS pensions are opening at the rate of one a day. The market has seen 35 new offshore pensions for expats open in the past...

Christmas Day last year was rather taxing for 300 people who filed their self-assessment returns online – but with filing a tax return taking...

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...

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...

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...