HMRC’s High Net Worth Unit brings in £1 billion
HM Revenue and Customs’ High Net Worth Unit – a specialist division which deals with the tax affairs of the UK’s wealthiest individuals – has brought in £1 billion in compliance yield.
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Derbyshire man jailed for tax fraud
Derbyshire man jailed for tax fraud A 30-year-old Alfreton man who worked with an accomplice to try to swindle over £205,000 in tax repayments from HM Revenue and Customs (HMRC) has been jailed today.
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Avoidance schemes members to make upfront payments
A list of tax avoidance schemes whose users may be required to make an upfront payment of tax has been published today by HM Revenue and Customs (HMRC).
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Top 10 tax credits renewal ‘excuses’ revealed
With the tax credits renewal deadline of 31 July just over two weeks away, HM Revenue and Customs (HMRC) has revealed the top 10 excuses for not renewing tax credits claims.
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Tax credits online renewal form launched
With the tax credits renewal deadline of July 31 less than one month away, HM Revenue and Customs (HMRC) has launched a new online service for the vast majority claimants to use.
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No tax relief for McLaren fine
Formula 1 racing giant McLaren has lost its claim that a £32 million fine imposed against it by the sport’s governing body should be tax deductible.
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Tax credits claimants warned over scam emails
Tax credits claimants are being warned about scam or “phishing” emails sent out by fraudsters in the run-up to the 31 July renewal deadline.
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Court rejects bid to block stamp duty avoidance crackdown
The High Court has thrown out an attempt to challenge legislation introduced to tackle Stamp Duty Land Tax (SDLT) avoidance.
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Digital services suppliers get one-stop EU VAT service
Businesses supplying digital services – broadcasting, telecoms and e-services such as smartphone games and other apps – across the European Union will be able to use a one-stop VAT service from January.
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HMRC secures record £4.6m minimum wage arrears for underpaid workers
Over £4.6 million in wage arrears has been paid to more than 22,000 workers following a successful year for HM Revenue and Customs’ (HMRC) National Minimum Wage (NMW) enforcement teams.
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Tax credits claimants reminded to renew it or lose it
Tax credits customers are being prompted, through an advertising campaign launched today, to renew their claim now.
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Glasgow workshop offers small high-tech firms advice on innovation
Small and medium-sized high-tech companies are being invited to a free workshop in Glasgow on support available for business growth, research and development (R&D) tax credits and innovation. The event will be held on Wednesday 18 June at IET Glasgow, Teacher Building, 14 St Enoch Square.
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