hmrc writes to 6000 hsbc geneva customers
HM Revenue & Customs has this week begun writing to 6,000 UK residents who hold or held accounts with HSBC in Geneva, Switzerland, inviting them to disclose any tax irregularities.
HM Revenue & Customs has this week begun writing to 6,000 UK residents who hold or held accounts with HSBC in Geneva, Switzerland, inviting them to disclose any tax irregularities.
Tax experts say advisers of UK taxpayers who own offshore property should take note of HM Revenue & Customs latest tax crackdown announcement, which promises to target, initially, wealthy tax cheats who avoid paying tax on gains from their foreign property holdings.
The UK Supreme Court today turned down Robert Gaines-Cooper’s appeal against previous rulings that found him resident in the UK and thus liable to UK tax, ending a saga that dated back to 2006.
The UK Supreme Court today turned down Robert Gaines-Cooper’s appeal against previous rulings that found him resident in the UK and thus liable to UK tax, ending a saga that dated back to 2006.
UK investors with HSBC bank accounts in Geneva could soon receive a letter from HM Revenue & Customs chasing up unpaid taxes.
The UK and Swiss governments today signed an agreement that will allow HM Revenue & Customs to tax the income of assets held in Swiss financial institutions by British residents.
The amount of tax revenue lost in the 2009/10 tax year in the UK fell by £4bn but still reached £35bn.
Proposals set out by HMRC to clarify the current taxation of non-doms does not go far enough, warns STEP.
UK lawmakers described as disturbing evidence of how UK taxpayers are being dealt with by HMRC.
HMRC has announced plans to encourage fraudsters to declare unpaid tax.
The UK Treasury today unveiled a consultation aimed at using tax to R&D and charitable donations.
The pending release of a number of major HMRC consultations has the attention of UK tax experts.