New accelerated payment disputes could have widespread impact
Further High Court challenges to accelerated payment notices could have wider implications on UK taxpayers, a tax specialist warns, following the rejection of a judicial review in July.
Accelerated Payment Notices
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HMRC nets £1bn from accelerated payment notices
HM Revenue & Customs (HMRC) has collected £1bn in tax payments from users of tax avoidance schemes as a result of the UK Government’s accelerated payment rules to collect disputed tax upfront.
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Taxpayers in accelerated payment notice saga offered funding
UK-based financial services provider LDF is offering a loan facility to suspected tax avoiders to help them meet payment deadlines arising from accelerated payment notices.
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HMRC triumphs in anti-accelerated payment notice legal battle
A challenge to the legality of HM Revenue & Customs’ accelerated payment notices has been rejected by the High Court.
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HMRC to issue new tax avoidance scheme list
HM Revenue & Customs will publish a new list of reference numbers for tax avoidance schemes which may be subject to accelerated payment notices.
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Two thirds of Britons oppose HMRC
Two thirds of Britons are opposed to the UK Governments ability to demand the payment of disputed tax without passing through the court system, a poll released today has found.
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HMRC cracks down on serial tax avoiders
HM Revenue & Customs has proposed a tougher crackdown on users of multiple tax avoidance schemes.
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Reviews into HMRC late payment penalties increase
HMRC has seen a rise in the number of reviews requested by taxpayers into decisions it has made on late filing and late payment penalties.
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Accelerated payment notices secure tax
Almost all of the £29m in disputed tax due from the first group to receive accelerated payment notices has been recovered by HMRC.
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Your cut out and keep guide to the
A cut-out-and-keep guide to the Liechtenstein Disclosure Facility, outlining 10 of its most important aspects.
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HMRC tax demands total 250m
HM Revenue & Customs has demanded £250m in disputed tax over its first two months of issuing the accelerated payment notices introduced in this years Finance Act.
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Avoidance investors must carefully consider
Investors facing fines from HM Revenue & Customs over their involvement in so-called avoidance schemes must carefully consider the motives of action groups that offer them help, warns a leading law firm.