Taxman seizes more than £2 billion from tax avoidance scheme users
New statistics reveal that HMRC has collected more than £2 billion in disputed tax from tax avoiders, under rules introduced by the government in 2014.
Ladbrokes gambles and loses £54m tax avoidance case
High street bookies Ladbrokes has lost a £54m tax avoidance court case.
Taxman brings in record £1 billion from avoidance crackdown
HMRC has collected £1 billion in tax payments from users of tax avoidance schemes as a result of the government’s new rules to collect disputed tax upfront, the Financial Secretary to the Treasury, David Gauke, announced today.
HMRC wins £45m in second Abbey National avoidance case
HMRC has won another major tax avoidance case against Abbey National Treasury Services PLC (ANTS), protecting more than £85 million for UK taxpayers.
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.
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.
Clothing giant Next loses tax avoidance case
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.
HMRC scores hat trick of avoidance wins
HM Revenue and Customs (HMRC) has secured three tribunal wins against tax avoidance schemes, protecting over £260 million in tax.
Multinationals face £1.1 billion in extra tax after HMRC challenges transfer pricing
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 levels the playing field for gambling taxes
From today, businesses that offer gambling to UK customers from overseas will have to pay Remote Gaming Duty (RGD), General Betting Duty (GBD) and Pool Betting Duty (PBD), HM Revenue and Customs (HMRC) has confirmed.
HMRC defeats three more corporate avoidance schemes
HM Revenue and Customs (HMRC) has clocked up another three major legal victories over corporate tax avoidance schemes, protecting over £100 million of tax.
Show more
Loading...
