HMRC in fresh warning to overseas bank account holders
UK taxman updates offshore guidelines a month before tougher regime goes live
HMRC
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Fears UK taxman is planning fishing trips
Legal experts are worried the removal of tribunal oversight on financial data requests from HM Revenue & Customs will launch speculative “fishing expeditions” against taxpayers.
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Legal action to decide expats’ fundamental rights
The lawyer representing an Italian woman who has lodged a challenge to the handling of her data by tax authorities has spoken out about why he has taken the case.
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UK taxman hands £29m back to pensioners
HM Revenue & Customs processed 14,477 tax repayment claims forms in the three months ending 30 June 2018, handing back just under £29m ($38m, €32.5m) to people who had accessed their pensions.
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HMRC challenged over data handling
An Italian with a UK bank account has stepped forward to take on the legality of the common reporting standard (CRS) using data protection laws.
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£20bn withdrawn since pension freedoms launched
The popularity of the UK’s pension freedoms is showing no signs of slowing, with almost £20bn ($26.2bn, €22.4bn) having now been flexibly accessed since the reforms launched in April 2015, according to the latest figures from HM Revenue & Customs.
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Tax probes into wealthy yield £281m extra in a year
The targeting of footballers’ tax affairs is among the reasons the UK Exchequer netted 29% more from the rich last year.
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Former Arsenal football agent loses £1.2m tax battle
A former top football agent, who had players on his books from Arsenal, Chelsea FC and Blackburn Rovers, has lost his £1.2m (€1.35m, $1.58m) tax battle with HM Revenue & Customs.
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Under pressure UK taxman facing more High Court challenges
Taxpayers are fighting back against the more aggressive and dogmatic approach being taken by HM Revenue & Customs, according to law firm RPC.
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Naming and shaming tax avoiders doesn’t work
The threat of having their names made public does not stop people and companies from avoiding paying tax, a report commissioned by HM Revenue & Customs has found.
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Higher offshore tax evasion penalties explained
The UK taxman has updated its factsheet on how it calculates new penalties for offshore tax evasion involving income tax, capital gains tax and inheritance tax.
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Tax investigators could get greater search warrant powers
The UK’s Serious Fraud Office and HM Revenue & Customs could be given the right to apply for a search warrant independently of the police under modernisation plans.