Brits urged to update IHT plans to include soaring house prices
‘More estates are being dragged above the tax-free inheritance threshold of £325,000’
HMRC
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202% rise in underpaid tax on crypto holdings
HMRC is ‘actively looking for wealthy individual evaders’
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HMRC refunds £800m in overpaid pension freedoms tax
Industry hopeful that move to digital portal will reduce overcharging
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UK taxman sued over Fatca – again
The issue is the ‘steady erosion of individuals’ data-privacy rights by governments’
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HMRC opened 3,600 IHT investigations last year
Generating an extra £254m in tax revenue over the 12 months
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HMRC sends ‘nudge’ letters to crypto investors over unpaid tax
It ‘suspects there is an increasing amount of hidden wealth thanks to the rise’ of the asset class
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IHT receipts surge 29%
Budget rumour mill has ‘begun and questions surrounding inheritance changes are beginning to form’
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IFA banned for misleading taxman and the FCA
He understated his income for five years
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IHT bills exceed £6bn for first time
‘Inheritance tax is becoming ever-more lucrative for HMRC’
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HMRC lacks data on pension annual allowance breaches
While DWP under fire for £1bn in underpaid pensions
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FCA trawls for information on Ark pension schemes
Clients of AES Financial Services/IPTS, as well as those from PPS and PPT, have been contacted
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HMRC sends ‘nudge’ letters to non-doms over unpaid tax
It believes some might have failed to declare and pay an annual levy called ‘remittance basis charge’