The Contractor Loan Settlement Opportunity (CLSO) is available for anyone who engaged in a Contractor Loans scheme before 6 April 2011. These were marketed as tax avoidance schemes, but HMRC has made it clear that these schemes do not work.
A landmark VAT fraud case has been won by HM Revenue and Customs, protecting as much as £260m of taxpayers’ money.
Error and fraud in the tax credits system has been reduced to its lowest level since tax credits were introduced in 2003.
HM Revenue and Customs (HMRC) is urging people to renew their tax credits claim online as soon as possible ahead of the deadline in July.
Solicitors have a week to pay the tax they owe on undeclared income or face hefty penalties, HM Revenue and Customs (HMRC) warned today.
Five properties in The Lothians and Fife, the registered addresses for around 1,500 companies, were searched yesterday morning by officers from HM Revenue and Customs (HMRC). The searches are part of an investigation linked to suspected Money Laundering Regulations breaches and illegal film distribution.
High street retailer Next has been hit with a £22.4m tax bill after a court ruled the firm’s complex tax scheme was artificial tax avoidance.
HM Revenue and Customs (HMRC) has secured three tribunal wins against tax avoidance schemes, protecting over £260 million in tax.
HM Revenue and Customs (HMRC) has today confirmed it is working with five other tax authorities to share information about how digital multinationals might be shifting their profits to tax havens.
A diesel laundering plant and illegal filling station, capable of evading £14.5 million in duty a year, have been dismantled by HM Revenue and Customs (HMRC) in the Darwen area of Lancashire.
Today the government is taking further tough action to crack down on tax avoidance promoters.
Multinational corporations were hit with £1.1 billion in extra tax demands last year after HMRC successfully challenged the prices charged between companies in the same multinational group for goods and services.
HMRC is responsible for making sure that the money is available to fund the UK’s public services and for helping families and individuals with targeted financial support.
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