HMRC’s Fast facts online publication trumpets ‘record revenues’ for the UK, but the department should be careful in the way it puts its message across, writes Andrew Hubbard
New figures published on 27 May show that HMRC secured a record £23.9bn in additional tax revenue over the past year.
Three men who conned several UK companies by pretending that they had entered into a £15m contract with Dubai’s Department of Tourism and Commerce Marketing to promote tourism in Dubai, have been jailed.
HMRC has doubled its use of private sector bailiffs and debt collection agencies over the last two years as it takes more aggressive action to chase overdue tax, says national accountancy group UHY Hacker Young.
Helen Lethaby reviews recent developments affecting the City.
Commenting on the controversial measures to tackle mass marketed avoidance that are going through Parliament, Jason Collins writes that affected taxpayers need to consider their options, including any grounds for challenge.
Helen Thompson and Daniel Lyons outline ways that VAT-registered businesses can mitigate the risk of unwittingly participating in MTIC fraud
HMRC more than doubled the number of investigations it made into claims for Gift Aid last year, says accountancy firm Wilkins Kennedy.
According to the Financial Times (28 April 2014), George Osborne ratcheted up the pressure on offshore tax evaders as he promised ‘tough action domestically’ and a pioneering global agreement on transparency.
No safe havens sets out an increasingly tough approach from HMRC on tackling avoidance on offshore income. Tina Riches asks whether it is now time for a proper debate on HMRC’s powers.