The former head of Formula One, Bernie Ecclestone, has been given a suspended sentence and has paid HMRC £650m to settle a tax case after failing to declare £400m held in an offshore trust
The Serious Fraud Office is investigating suspected fraud at a collapsed funeral plan provider which transferred millions of pounds from a customer trust and owed HMRC £1.4m in unpaid tax
The Supreme Court has ruled against a loan administration outsourcer which handles payments for Shawbrook Bank customers and was contesting VAT exemption for transactions
Tax agents and accountants are about to receive letters from HMRC warning them that their clients have wrongly reported liability for the high income child benefit charge
Shadow Chancellor Rachel Reeves plans to increase the additional rate of stamp duty for overseas buyers, slash government consultancy costs and set up a covid corruption commission
Manufacturers are calling on the Chancellor to reform the UK’s business taxes and create one annual fiscal event, rather than the current Budget and Autumn Statement
Conveyancing law firm Alexander Grace Law went bust in June following a winding up petition from HMRC due to a £2.38m unpaid tax bill and further debts of £4.3m
HMRC has strongly rejected claims by the Good Law Project that private equity managers have not been paying enough tax on their earnings, describing them as ‘nonsense’
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