HMRC’s offshore, corporate and wealthy unit secured convictions totalling 67 years of prison time for tax evaders in 2020-21, nearly treble the total of 23 years a year...
HMRC has disbanded a special unit that was set up in 2019 to review the use of family investment companies (FICs).In a report to the wealthy external stakeholders forum, HMRC said...
The customs declaration service (CDS) will serve as the UK’s single customs platform from 31 March 2023.HMRC will be closing its customs handling of import and export freight...
The Association of Taxation Technicians has shared an update from HMRC on the trust registration service (TRS) to help raise awareness of the need for non-taxable trusts to...
The government is consulting on the implementation of the Organisation for Economic Co-operation and Development’s (OECD’s) model reporting rules for digital platforms....
The number of penalties issued personally to finance directors at large businesses by HMRC has dropped from 148 to just 20 in a year, says Pinsent Masons.The international law firm...
The Department for Work and Pensions (DWP) has been issued with a tax bill of £87.9m due to incorrectly assessing the IR35 status of contractors engaged since 2017. This was...
The First-tier Tribunal is recruiting new judges in an exercise launching on 5 October. The tax tribunal is seeking ‘fee-paid’ judges – these are part-time roles...
1 September 2021Payment of corporation tax liabilities for periods ended 30 November 2020 if not liable to pay by instalments.Check HMRC website for changes to car mileage fuel...
The government is proposing to change the basis period rules from a current year to a tax year basis. The transition would take place from 2022-23 and the changes would come into...
The normal minimum pension age - the minimum age at which most pension savers can access their pensions without incurring an unauthorised payments tax charge unless they are...
New legislation will be introduced to make offences of the possession, making, supplying and promotion of electronic sales suppression (ESS) software or hardware.In addition, new...