The list below is a collection of articles that refer to, mention or discuss HMRC or HM Revenue & Customs
Tag: HMRC
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...
EIS Tax Breaks Lost As Investor Failed To File A Form
A judge dismissed an investors claim to overturn a poor decision by the tax authority even though the investor won his argument in court. Investor...
QROPS List – August 15, 2018
As predicted, Australia QROPS have passed the 50% landmark to become the first country to offer more than half the global number of specialist...
It’s Time To Celebrate Tax Freedom Day
British taxpayers have put in a shift of 148 days working to pay their income tax to the government this year - now they...
More People Paying Higher Rate Income Tax
More people are paying higher rate tax in the UK - and that’s official, according to the latest statistics. Despite tax rates falling as successive...
QROPS List – August 1, 2018
Australia QROPS have almost reached the landmark of making up half of all QROPS offshore pensions for expats worldwide. With 16 new scheme opening in...
Expats Take Poor HMRC Decision To Task In The Courts
Expat and non-resident taxpayers are queueing up to challenge the decisions of tax inspectors in court. And the numbers revealed by HMRC are only the...
HMRC Refuses To Change Pension Emergency Tax Stance
Despite protests from retirement savers and financial firms about unfair tax charged on pension withdrawals, HM Revenue & Customs refuses to budge. Even the government’s...
HMRC Slammed For Failing Desperate And Suicidal Contractors
A lobby group looking after the interests of contractors and freelance workers is criticising HM Revenue & Customs for ignoring a plea to set...
QROPS List – July 15, 2018
With 18 new QROPS added and seven delisted, the HM Revenue & Customs QROPS List has grown to 1,353 schemes available worldwide. Most were added...
QROPS List – July 1, 2018
Gibraltar QROPS were cut by a quarter this week as the financial centre lost 10 overseas pensions for expats. Gibraltar now has 31 QROPS. No comment...
HMRC Needs To Do More To Stem Tax Avoidance
HM Revenue & Customs should concentrate on trawling data to catch persistent tax evaders rather than punish taxpayers who make mistakes with ever more...
Do Britain’s Missing Tax Billions Really Exist?
Britain has a £33 billion tax gap - but does the imagined amount of missing money really exist? HM Revenue & Customs estimates the tax...
HMRC tax evasion investigations up by 20%
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...
QROPS List – June 1, 2018
Sixteen new QROPS were added to the official HM Revenue & Customs list in the past two weeks, with three leaving the listing. That left...
Pensions Freedoms: Where Are We in the Battle to Protect Investors?
There have always been fraudsters and thieves, but Pensions Freedoms, which came into force April 2015, may have made it easier for scammers to...
Expat Contractors Face IR35 Tax Avoidance Crackdown
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...
