Fall in number of arrests for tax evasion

According to industry figures, the number of people arrested in the UK on suspicion of tax evasion has reached the lowest level for five years.

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Final opportunity to register for online self-assessment tax return for 2018/19

Taxpayers who are looking to file their self-assessment tax return online for the 2018/19 tax year need to have registered for an online account on the HM Revenue & Customs (HMRC) website before Saturday (5 October).

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HMRC wins IR35 case against BBC presenters

HM Revenue & Customs (HMRC) has won an IR35 tribunal case against three BBC presenters at the High Court, which could have a significant impact on the broadcasting industry.

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Number of non-doms in the UK has fallen to a record low

According to figures published by HM Revenue and Customs (HMRC), the number of people who live in the UK but pay no tax on their offshore income has fallen to a record low.

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Over £1.6 billion in tax owed to HMRC by self-employed

According to the latest industry research, HM Revenue & Customs (HMRC) is currently owed £1.6 billion in late tax payments from self-employed individuals for 2017 and 2018.

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Thousand-year-old coin collection is the earliest form of tax fraud

A thousand-year-old collection of Norman coins has been revealed as the earliest form of tax evasion.

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CIOT urges HMRC to delay VAT reverse charge for the construction industry

The Chartered Institute of Taxation (CIOT) is urging HM Revenue & Customs (HMRC) to delay the introduction of the VAT reverse charge for the construction industry.

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Thousands of businesses struggling to get to grips with MTD

According to the latest industry research, thousands of businesses are struggling to get to grips with Making Tax Digital (MTD).

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HMRC to investigate cryptocurrency investors over tax payments, report reveals

HM Revenue & Customs (HMRC) plans to investigate cryptocurrency investors in a bid to crackdown on tax evasion, a report suggests.

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Freeports to “boost investment” in UK after Brexit, say policymakers

The Government will establish 10 new ‘Freeports’ in a bid to boost growth and encourage trade after the UK leaves the EU.

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HMRC collects £122 million in overseas tax following CRS rule change

HM Revenue & Customs (HMRC) collected £122 million in extra tax from overseas assets in the 2018/19 tax year, following the introduction of the new Common Reporting Standard (CRS) tax regime.

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HMRC defeated in latest high profile IR35 case

A radio presenter has become the latest high profile person to win an IR35 tribunal case against HM Revenue & Customs (HMRC).

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Could the IHT seven-year rule on gifts but cut to five?

At present, when someone dies within seven years of passing on money, property or possessions to loved ones, tax of up to 40 per cent must be paid.

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HMRC issue incorrect CGT allowance to thousands of taxpayers

HM Revenue and Customs (HMRC) has recently issued nearly 350,000 incorrect short tax returns, indicating an error in taxpayers’ capital gains allowance.

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UK ‘tax gap’ at record low, figures reveal

The tax gap – the difference between the amount of tax that should be paid and what is actually paid – has shrunk to just 5.6 per cent.

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