Financial planning fail sees Brits pay £280m in extra IHT
Estates could have avoided the tax bill if they had put life insurance policies into a trust
HMRC
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Tax advisers under HMRC investigation for aiding evasion
It is ‘determined to clamp down hard on anyone who aids in tax crimes, not just the perpetrator themselves’
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Film investment scheme reaches settlement with HMRC
Investors will now not need to pay £1.6bn in ‘dry tax’
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HMRC to repay £45m in ‘follower notice’ penalties?
Taxpayers in receipt of one ‘should take action without delay’
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19% rise in individuals charged with tax evasion
UK taxman is ‘finally shrugging off the disruption caused by lockdown and turning up the heat’
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HMRC targets football industry for £55.6m in unpaid tax
In the last year, UK taxman opened compliance investigations into 9 clubs, 93 players and 23 agents
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HMRC loses court battle over Ingenious film scheme
‘We are considering what further options are open to us in relation to these proceedings’
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HMRC shutters one dedicated tax avoidance investigation unit
It had been tasked with assessing family investment companies
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Wealthy tax evaders get more time behind bars
‘The perception that rich people who evade tax only get penalties is increasingly untrue’
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3.7% rise in IHT receipts
Sum collected by the UK taxman has doubled in a decade
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HMRC unveils inheritance tax tool
It will ‘prove valuable to those who are unfamiliar with the process and the forms requiring completion’
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How to help clients as HMRC cracks down on overseas assets
‘International data sharing and anti-money laundering regulations are only likely to get tighter’