£35 billion UK tax lost to fraud, tax avoidance and non-payment
There’s never a good time to lose money. But the last thing the UK can afford right now is a bigger tax gap. What’s the tax gap? The tax gap is the different between the [...]
There’s never a good time to lose money. But the last thing the UK can afford right now is a bigger tax gap. What’s the tax gap? The tax gap is the different between the [...]
There is a significant rise in the number of HMRC investigations into football players and agents. This is the result of research done by chartered accountants UHY Hacker Young. HMRC have found there are a [...]
HMRC have done a great job of putting together a self employed income support scheme in a very short space of time. Nothing’s perfect and there are still some groups of people that are not [...]
HMRC’s figures show that there has been a 25% decrease in the number of cases using the Alternative Dispute Resolution process in the 2018-19 tax year. What is Alternative Dispute Resolution? The Alternative Dispute Resolution [...]
According to HMRC’s published List of Deliberate Tax Defaulters, 200 of these 775 businesses were restaurants or takeaways. The government have been publishing this list since December 2017 and have also used a specific taskforce [...]
HMRC pay individuals for information that leads to the recovery of unpaid tax. It is within their scope under the Commissioners for Revenue and Customs Act 2005. This has cost the country £2.23 million in [...]
We heard a lot about the introduction of the EU wide GDPR (General Data Protection Rules) last year. New cases of rule breaking are emerging all the time, as people understand the system more fully [...]
Lorraine Kelly is the most recent in a long line of people in the entertainment industry that have hit the headlines because of HMRC action against them. But has she actually tried to avoid paying [...]
In his March 2019 Spring Statement, Chancellor Philip Hammond said: “Since 2010, the government has secured and protected over £200 billion of tax that would otherwise have gone unpaid, introduced over 100 measures to reduce [...]
In 2015, Mossack Fonseca law firm’s files were leaked to the world in, what became known as, the Panama Papers scandal. These documents contained information that led to investigations of financial crimes, of both individuals [...]