Prepare for registration scheme, alcohol wholesalers urged
Alcohol wholesalers need to start preparing to apply for the new Alcohol Wholesaler Registration Scheme, HM Revenue and Customs urged today.
HMRC delivered record tax revenues in 2014-15
HM Revenue and Customs (HMRC) announced today that it collected a record £517.7 billion in tax in 2014-15 (an increase of £12 billion on the previous year), as a result of economic growth and the continued crackdown on tax evasion and avoidance.
Offshore tax evaders to face tough new criminal sanctions
Offshore tax evaders and the professionals who enable tax evasion will face even tougher sanctions under a new regime to crack down on offshore evaders, Financial Secretary to the Treasury, David Gauke, announced today.
Teaching the facts of tax
HM Revenue and Customs (HMRC) has launched a new resource for teachers to help their students learn the facts of tax.
One month to go before new rules kick in for employment agencies
Employment agencies have until 5 August to make sure they are complying with new HM Revenue and Customs (HMRC) rules.
Scam emails double during tax credits renewal period
Fraudsters are targeting tax credits claimants with scam emails, fake websites and text messages in the run-up to the 31 July renewals deadline, HM Revenue and Customs (HMRC) warned today.
HMRC target wealthy tax cheats in Northern Ireland
A taskforce tackling wealthy tax cheats who are living beyond their means in Northern Ireland was launched today by HM Revenue and Customs (HMRC).
HMRC acts to improve customer service
HMRC allocates £45 million to help improve phone and post service HM Revenue and Customs (HMRC) today announced it is allocating £45 million to improve customer service, as it released statistics which showed an inconsistent call handling performance in 2014-15.
HMRC wins millions from P&O in rate-booster tax avoidance case
HMRC has won a major tax avoidance case against P&O Steam Navigation Company Ltd, after the Upper Tribunal confirmed that the company’s ‘rate-booster’ scheme did not work. Double taxation relief of £14 million has been protected in this instance, with a further £140 million likely from around 20 similar cases.
One million people renew their tax credits
Thousands of people have already used the tax credit online renewal service in the early hours of the morning, new statistics reveal today.
HMRC wins millions from Abbey National avoidance case
HMRC has won a major tax avoidance case against Abbey National Treasury Services PLC (ANTS) and Cater Allen International Ltd (CAIL), protecting more than £16 million for UK taxpayers after the courts decided against their attempt to avoid paying corporation tax on the interest on floating loan rate notes. The ruling will protect over £86 million, as four similar cases were awaiting the ruling.
HMRC urges contractors and freelancers to settle tax bills
Contractors and freelancers only have until the end of June to register for the Contractor Loans Settlement Opportunity (CLSO), HM Revenue and Customs (HMRC) warned today.
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