Testing times ahead for fuel fraudsters
Treasury Minister Damian Hinds visited Belfast and Newry today as HM Revenue and Customs (HMRC) unveiled new roadside fuel testing equipment to tackle the trade in illicit diesel.
Record 500,000 people renew tax credits online
More than half a million people have renewed their tax credits online, 278,000 more than at the same time last year.
HMRC wins £29 million tax avoidance case
HM Revenue and Customs (HMRC) has defeated an artificial tax avoidance scheme involving the Brain Disorders Research Limited Partnership and Neil Hockin (a partner), after the First-Tier Tribunal ruled against the users’ attempts to claim £29 million in tax relief. The investors claimed to have spent £122 million on research, when in fact only £7 million reached the genuine research company.
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.
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