HMRC wins blockbuster tax avoidance cases
HM Revenue and Customs (HMRC) has won two major tax avoidance battles against the Ingenious Film Partnership and Icebreaker avoidance schemes in cases worth more than £820 million in tax owed and interest.
Record numbers renew their tax credits online
Around one million people have renewed their tax credits online this year, compared to 750,000 in 2015.
HMRC IT chief to return to the private sector
HM Revenue and Customs (HMRC) has confirmed today that its Chief Digital and Information Officer, Mark Dearnley, is to leave the Department in September, when his contract expires.
HMRC’s win over Ernst & Young scheme protects more than £30m
HM Revenue and Customs (HMRC) has defeated a tax avoidance scheme used by a major brewery, protecting around £30 million in tax.
Thousands check their company car tax online
More than 100,000 people have used a HM Revenue and Customs (HMRC) online service, to ensure that their car benefit and car fuel benefit is correct.
Only one week left to renew tax credits
People are being warned to renew their tax credits so their payments don’t stop, with only seven days to go until the deadline.
More than 1,500,000 renew tax credits with a month to go
More than 1.5 million people have renewed their tax credits already, with four weeks left until the 31 July deadline.
HMRC taskforces raise more than half a billion
HMRC taskforces have recovered more than £500 million since they were launched five years ago.
Bank of Ireland lose £27m tax avoidance case
The Bank of Ireland has lost a £27m tax avoidance case after trying to exploit a loophole that did not exist.
Renew tax credits online in a matter of minutes
HM Revenue and Customs (HMRC) is urging people to renew their tax credits claim online and early, before the 31 July deadline.
HMRC wins millions from bank avoidance case
HM Revenue and Customs (HMRC) has won a major tax avoidance case, protecting more than £17 million for UK taxpayers in the process. The Court of Appeal stopped an attempt by Fidex LTD - a subsidiary of BNP Paribas - to gain a tax advantage using artificial accounting arrangements.
The scheme tried to take advantage of different accounting standards covering the tax treatment of assets to create
Offshore win nets £365 million in billion pound week for HMRC
HMRC has protected £365 million in tax after defeating a tax avoidance scheme that involved dividends paid on shares to a company based in the Cayman Islands.
The First-tier Tribunal ruled that the Clavis Liberty Fund 1 LP scheme, created an artificial tax loss - in a judgment covering 99 partners and protecting tax at stake in other cases.
The judgment is significant for HMRC as it is the f
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