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Stories that are tagged 'HM Revenue and Customs (HMRC)'




New Report Estimates UK VAT Lost From Online Sales

by Jason Gorringe, Tax-News.com, London

Thursday, April 20, 2017

Online VAT fraud and error cost the British taxpayer between GBP1bn (USD1.3bn) and GBP1.5bn in lost tax revenue in 2015-16, according to a new report from the National Audit Office. Read Full Story

 

HMRC Updates Pay As You Earn Rules

by Jason Gorringe, Tax-News.com, London

Tuesday, April 11, 2017

HM Revenue and Customs is updating the way it collects Pay As You Earn income tax to address inefficiencies in the system that result in eight million taxpayers a year paying the wrong amount of tax. Read Full Story

 

UK Must Not Repeat 'Catastrophic' Tax Credit Contract

by Jason Gorringe, Tax-News.com, London

Monday, April 10, 2017

The Public Accounts Committee has called on HM Revenue and Customs to learn lessons from its failed contract with private sector firm Concentrix. Read Full Story

 

UK Tax Man Goes After Image Rights Tax Avoidance

by Jason Gorringe, Tax-News.com, London

Monday, April 10, 2017

The UK tax agency is to visit major league soccer clubs to discuss tax avoidance through image rights. Read Full Story

 

HMRC Launches New Tax Fraud Hotline

by Jason Gorringe, Tax-News.com, London

Tuesday, April 4, 2017

HM Revenue and Customs has launched a new phone-in service for the public to report tax fraud and evasion. Read Full Story

 

HMRC Launches Making Tax Digital Pilot

by Jason Gorringe, Tax-News.com, London

Tuesday, April 4, 2017

HM Revenue and Customs has launched the pilot for its Making Tax Digital initiative, which will require certain small business owners and self employed people to update their tax affairs quarterly. Read Full Story

 

HMRC Changes Alignment Date For Benefits In Kind

by Jason Gorringe, Tax-News.com, London

Monday, March 27, 2017

HM Revenue and Customs has made changes to the time limits for "making good" taxable benefits-in-kind. Read Full Story

 

UK Rethinking Tax On Overseas Property Investors

by Jason Gorringe, Tax-News.com, London

Thursday, March 23, 2017

The UK is considering bringing certain non-resident companies within the scope of corporation tax where they have existing UK taxable income and/or gains from the disposal of certain UK residential property interests. Read Full Story

 

UK To Expand Double Tax Treaty Passport Scheme

by Jason Gorringe, Tax-News.com, London

Wednesday, March 22, 2017

HM Revenue and Customs is planning to make its Double Taxation Treaty Passport scheme available to all UK borrowers following a consultation on a legislative amendment. Read Full Story

 

UK To Proceed With Tougher Hidden Economy Tax Penalties

by Jason Gorringe, Tax-News.com, London

Wednesday, March 22, 2017

The UK Government is planning to take tougher action against those who withhold information from the tax authority on grey market activities. Read Full Story

 

 

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