24 August 2018
Being ‘named and shamed’ as a tax evader presents a serious reputational and financial risk. But do taxpayers see this as a deterrent? And do they know the risks?
04 April 2018
Are your clients at risk of an investigation by the Offshore Property Developers Task Force (OPDTF)?
09 February 2018
HMRC appears concerned about perceived abuse of the enterprise investment scheme (EIS) tax reliefs available to individuals. It is undertaking a data-mining programme, using profiling, to open detailed formal tax enquiries into the personal tax affairs of investors, principally to gather data.
11 January 2018
HMRC has recently revised its penalty factsheet which appears to impose new penalty arrangements for those wishing to correct historic tax errors. There is an urgent need for HMRC to clarify exactly what the policy now is and to confirm its legal basis.
04 January 2018
RSM is advising taxpayers wishing to pay their tax by credit card to act now before HMRC stops accepting personal credit card payments.
13 September 2017
A recent First Tier Tax Tribunal decision leaves many employees facing heavy tax bills on company cars that they thought were vans. Employers will need to consider settling the bills on their behalf to avoid having disgruntled employees. The Tribunal gave some useful guidelines on the distinction between a van and a car, but the position remains hopelessly unclear, especially with misleading HMRC guidance.
16 August 2017
This week, the nation had the chance to follow HMRC cracking down on tax evaders in a Channel 4 documentary, but was this a fair representation of current enforcement or an out-of-date representation of HMRC’s modern investigation methods?
04 July 2017
The latest charitable tax relief statistics have been released by HMRC, and a few interesting facts emerge about the UK population’s charitable giving.
04 July 2017
Action is needed by trusts to comply with a new requirement for a beneficial ownership register for trusts operated by HMRC. New trusts within the scope will need to register by 5 October 2017 and information on existing trusts must be provided by 31 January 2018.