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Category Archives: Taxation
HM Revenue & Customs (HMRC) have admitted that around five and half million people either overpaid or underpaid tax last year and will be receiving a cheque for up to £500 or a surprise demand for roughly the same amount … Continue reading
HM Revenue & Customs (HMRC) has published its second list of ‘deliberate tax defaulters’, which contains the names and financial penalties of individuals and small firms.
HM Revenue & Customs (HMRC) has launched an investigation in the tax affairs of hundreds of wealthy individuals after receiving the largest amount of leaked data on offshore havens it has ever been gifted.
Following on the heels of deals signed with Jersey, Guernsey and the Isle of Man, the Government has announced that it has signed deals with Bermuda and other overseas territories, including the British Virgin Island and Anguilla, in regard to … Continue reading
The Chancellor, George Osborne announced at the Dublin meeting of European finance ministers at the weekend that the UK, France, Italy, Germany, Poland and Spain are to launch an initiative against tax fraud and creative tax avoidance.
The Chancellor, George Osborne is continuing his crackdown on tax evasion by signing a ground breaking deal with France, Germany, Italy and Spain, to pilot a multilateral tax information exchange.
HM Revenue & Customs (HMRC) announced this week that people who have become insolvent to dodge their companies’ tax obligations or have received a civil evasion penalty for dishonestly evading VAT can expect a knock on the door from the … Continue reading
As part of his Budget speech delivered on Wednesday, the Chancellor George Osborne announced a series of initiatives aimed at clawing back tax to the tune of £4.6bn, in what he called “one of the largest ever packages of tax … Continue reading
The Treasury has confirmed that the Government is poised to conclude a tax agreement deal with the crown dependency of Guernsey, saying that its discussion with the crown dependency has reached “an advanced stage”.
A leaked email from the office of John Redwood, Chairman of the Conservative party’s backbench Economic Affairs Committee, has revealed that Tory MPs want tax cuts to “stimulate greater confidence” in the economy.