HMRC is bolstering its already rich arsenal against tax avoidance with its ‘serial avoiders’ regime, including naming and shaming, set to come in from April 2017, explains BDO tax investigations partner Dawn Register

Rolls-Royce PLC shares have fallen by 3% following the company reporting that its profits for last year would have been £900m lower if it had adopted IFRS 15, the accounting standard on revenue recognition

The First Tier Tribunal (FTT) has found in favour of a former ‘psychedelic soul’ rock musician of state pension age who was seeking to overturn an HMRC ruling preventing him from making over 30 years of late payments of backdated Class 2 National Insurance contributions (NICs), on the grounds that this was not due to a failure to exercise due care and diligence