HM Revenue and Customs has won a legal battle against a tax avoidance scheme, which claimed £122 million was spent on research into brain disorders, when only £7 million of it reached a genuine research company.
HM Revenue and Customs (HMRC) has collected more than £4 billion through the ‘pay now, dispute later’ rules for people who have used a tax avoidance scheme.
HM Revenue and Customs (HMRC) has today published its 2016-17 annual report.
HM Revenue and Customs (HMRC) has launched a new hotline for the public to report fraud and evasion in the fight against tax fraud.
The HMRC Fraud Hotline - on 0800 788 887 – is open between 8am - 8pm seven days a week, 365 days a year.
This service will replace the two separate tax evasion and customs hotlines with one, streamlining HMRC’s intelligence gathering on tax fraud.
Customers
1 April 2017 marked the launch of an online service that will allow those who purchase alcohol for onward sale to check that their UK wholesaler is approved under the Alcohol Wholesale Registration Scheme (AWRS).
HM Revenue & Customs (HMRC) has won a tax avoidance case against film partnership schemes that acquired interests in films that included The Queen and the Roman Polanski remake of Oliver Twist, protecting more than £26m of taxpayers’ money.
Ladbrokes has lost a long running legal battle with HM Revenue and Customs (HMRC), costing the high street bookie £71 million.
Hard-core tobacco smugglers and people who repeatedly smuggle, distribute and sell illicit tobacco could be hit by a fourfold increase in fines together with tough new civil penalties, as part of plans to crackdown on the smuggling of illicit tobacco.
More information has been published today on how businesses, the self-employed and landlords will benefit from government plans to modernise the tax system.
Following extensive consultation, with more than 3,000 responses over the last eight months, HMRC has issued in-depth details on how digitising the tax system through its flagship Making Tax Digital project will help millions of businesses
In response to the Public Accounts Committee's report 'Collecting tax from high net worth individuals' released on 27 January 2017, HMRC has issued the following statement:
“The vast majority of people in the UK pay all the tax they owe and today the top one per cent of earners pay more than quarter of all income tax. There is absolutely no special treatment for the wealthy, and in fact we give
Ahead of the 31 January deadline, HMRC has released its latest list of the most outlandish items which have been claimed as expenses.
Men, for the second year running, were more likely than women to complete their tax return on time, winning the battle of the taxes once again - but only just.
HMRC is responsible for making sure that the money is available to fund the UK’s public services and for helping families and individuals with targeted financial support.
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