HMRC raises £16 for every £1 it spends on staff carrying out investigations into the tax affairs of individuals and small businesses, according to analysis by Pinsent Masons

The taxation of crypoassets and digital currencies is evolving as regulators try to get a grip on this fast moving, complex alternative to traditional hard currency. Ben Saunders CTA, tax writer at Croner-i, examines income tax and corporation tax compliance issues based on the current HMRC guidance

HMRC is ramping up the use of its corporate criminal offences (CCO) powers, with nine businesses curently under investigation for failing to stop the facilitation of tax evasion