IHT receipts leap as experts warn
Inheritance tax paid to the UK Government jumped by nearly 10% in the last year, as the amount levied from estates reached £3.4bn.
HMRC
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Fears aggressive HMRC may target offshore bonds
The UK Governments continued aggressive stance towards tax avoidance and the blurring of its distinction between avoidance and evasion has raised concerns that more mainstream legitimate tax mitigation tools could come under increased scrutiny.
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HMRC claims victory over NT Advisors
HM Revenue & Customs has claim its eighth tribunal win over tax avoidance schemes run by NT Advisors, bringing the total amount of UK tax it claims to have protected to £750m.
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Four celebs who paid the price of tax avoidance
International Adviser looks at four cases of celebrities being targeted for their investment into tax avoidance schemes.
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Pension flexibility extended but advice
Increased flexibility on pensions announced in the UK Budget earlier this year will be extended to those with defined benefit pensions, the Government confirmed today, but advice will be restricted to only FCA-authorised firms.
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HMRC tax avoidance proposals receive
Proposals by HM Revenue & Customs to crack down on tax avoidance have now received Royal Assent.
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Plebgate minister named as investor
Former cabinet minister Andrew Mitchell, who resigned over the so-called “Plebgate affair”, has been identified as an investor into the controversial Ingenious film investment scheme.
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HMRC claws back 135m from leaked list of HSBC
HM Revenue & Customs has recovered £135m from 24,000 clients named on a list of HSBCs Swiss private banking operation, which were revealed in a leak by a former employee.
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HMRC publishes list of chargeable avoidance
HM Revenue & Customs has today published a list of tax avoidance schemes whose users may be required to make upfront payment of tax.
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Ingenious completes acquisition of
Ingenious Asset Management has completed its acquisition of Thurleigh Investment Managers and its £300m of onshore and offshore assets.
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HMRC m tax avoidance fines
An international law firm has accused HM Revenue & Customs of a “sudden and unprecedented escalation” after it revealed full details about the powers which will allow it to impose £1m fines on tax advisers.
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Tax avoiding celebs should
A senior accountant has said celebrities should consider their long term reputations when hiding their assets from HM Revenue & Customs, as a variety of popular figures are criticised for using controversial tax avoidance scheme Liberty.