It is a known fact that HM Revenue & Customs’ (HMRC) foremost objective is to maximise revenues in an attempt to seal the tax gap. The tax authority has several options available to it – one of which is in
According to the latest figures around 3,000 suspected cases of serious tax evasion were referred by HM Revenue & Customs (HMRC) for specialist investigation for the second year running last year. This is an eight per cent increase in the
This is a question that is often asked of accountants, but how can you spot a fake email purporting to be from HM Revenue & Customs (HMRC)? To help businesses, HMRC has issued new guidance that lays bare some of
UK contractors have been warned to steer clear of loan schemes using offshore trusts that promise to reduce their income tax bill.
A major shake-up for HM Revenue & Customs (HMRC) helpline numbers took effect from 30 June.
HM Revenue & Customs (HMRC) has issued updated guidance on the new reports that employment intermediaries – like employment agencies and recruitment firms – need to provide for agency workers if they do not operate PAYE. The guidance, published on
HM Revenue & Customs (HMRC) has revealed that it collected £513.5 billion in tax in the 2014-15 financial year. HMRC’s latest monthly report, published on 23 April, revealed that the total annual tax take has soared by £166 billion since
HM Revenue & Customs (HMRC) has updated its guidance on the way it contacts customers to help them recognise “phishing” emails. Phishing involves emailing someone in order to fraudulently obtain personal or financial information such as passwords and credit card