17 September 2015
HMRC has started sending Self-Assessment ‘correction’ letters to taxpayers failing to disclose the receipt of Child Benefit on their Tax Returns.
09 September 2015
HMRC is pressing ahead with measures to tackle offshore tax evasion, including a new strict liability offence of hiding taxable income and gains offshore.
02 September 2015
Weekly Tax Brief we have regularly reported on HMRC pressing ahead with an increasingly robust approach to tackling tax evasion and avoidance, including a new ‘strict liability’ criminal offence of hiding taxable income and gains offshore. These new measures form part of the worldwide drift towards wealth and tax transparency and dealing with criminality, not just in financial matters but against corruption more widely.
25 August 2015
In his Summer Budget, the Chancellor announced plans to commit more resource to help identify and tackle tax evasion on wealthy taxpayers perceived to be understating and underpaying their taxes.
18 August 2015
Since its inception in September 2009, more than 6,500 people have registered to participate in the Liechtenstein Disclosure Facility (LDF).
11 August 2015
For the 350,000 people from 96 countries attending the Gamescom computer games fair in Cologne this week, among the reported highlights were the latest developments in Esports.
06 August 2015
There was no let-up in the Government’s and HMRC’s message regarding tax evasion, with significant announcements and publications on how they intend to crack down on offshore tax evaders.
06 August 2015
The Summer Budget 2015 introduced yet another significant (and perhaps the last) tax targeting of UK residential property, with the proposal to apply UK inheritance tax to property held indirectly by non-doms including through excluded property trusts.
16 July 2015
The Chancellor has clarified the position at last on HMRC’s new powers to recover debts directly from the bank accounts of debtors. But at a cost of nearly a million pounds, are these new powers really necessary?
09 July 2015
Do you share the view expressed during the last Parliament by the Public Accounts Committee that HMRC has been reluctant to prosecute tax evaders? If so, get ready to change your perception.