In the past year alone, HMRC has increased the number of its compliance staff by over 3,000 as it looks to reverse a sharp decline in tax revenue, according to Price Bailey
A director has been given a 12-year disqualification after causing his company to participate in transactions which were connected with the fraudulent evasion of VAT
In this week’s Q&A, Stuart Farmer, apprentice tax advisor at Croner-I, explains that a UK resident in receipt of interest payments from saving account in India may not be liable for tax due to double taxation agreement
The UK government is reportedly considering a cut to inheritance tax (IHT) ahead of the next general election, despite being forecast to raise around £7.2bn in 2023/24
An IT specialist has lost a First Tier Tribunal (FTT) appeal after claiming relief for compensation he received for the loss of rights under a stock option scheme provided by his employer
HMRC has launched a consultation on new rules to allow employers to report salary advances along with regular salary payments to remove requirement to effectively double report
A management consultancy, construction company and golf club have been fined over £13m for tax evasion, after deliberately failing to pay £20.3m in tax
As HMRC struggles to deal with demand for telephone support, it will drop the 10-minute call answering target from the agent dedicated line for accountants