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HM Revenue and Customs (HMRC) News




UK Tax Industry Concerned By HMRC's Expanding Workload

by Jason Gorringe, Tax-News.com, London

Last updated 23 hours ago | Monday, January 15, 2018

The Association of Taxation Technicians has called on HM Revenue and Customs to ensure that its taxpayer services do not crumble under strain when the Making Tax Digital initiative is rolled out alongside the UK exiting the European Union. Read Full Story

 


HMRC Praised For Improving Performance In 2016-17

by Jason Gorringe, Tax-News.com, London

Friday, January 12, 2018

The UK's Public Accounts Committee has published its annual report into the performance of the UK tax agency, HM Revenue and Customs. Read Full Story

 


UK To Reject Payment From Personal Credit Cards

by Jason Gorringe, Tax-News.com, London

Wednesday, January 10, 2018

The UK tax agency is to no longer accept payments from personal credit cards from January 13, 2018, as a result of the EU Payment Services Directive 2 becoming effective. Read Full Story

 


HMRC Provides Trust Registration Update

by Jason Gorringe, Tax-News.com, London

Monday, January 8, 2018

The UK tax agency, HM Revenue and Customs, has told the Association of Tax Technicians that those not yet able to use its new Trust Registration Service will not yet be penalized, having offered extra time for affected persons to register. Read Full Story

 


HMRC Details 2017 Prosecutions For Tax Crimes

by Jason Gorringe, Tax-News.com, London

Wednesday, January 3, 2018

HM Revenue and Customs, the UK's tax authority, has revealed details of its enforcement activities during 2017, including a round-up of the "top ten" cases it pursued. Read Full Story

 


HMRC Issues Guidance On Indirect Tax Avoidance Disclosure Regime

by Jason Gorringe, Tax-News.com, London

Tuesday, December 26, 2017

HM Revenue and Customs, the UK's tax authority, has released new guidance on the disclosure of tax avoidance schemes for value-added tax and other indirect taxes. Read Full Story

 


UK Issues Making Tax Digital VAT Regulations

by Jason Gorringe, Tax-News.com, London

Monday, December 18, 2017

The UK tax authority has released draft regulations and a draft explanatory memorandum to introduce changes to the UK VAT regime to require businesses with taxable turnover above the VAT registration threshold to keep and preserve digital records and provide VAT returns using compatible software from April 1, 2019. Read Full Story

 


UK Commits To Fair 'Making Tax Digital' Penalties

by Jason Gorringe, Tax-News.com, London

Friday, December 15, 2017

The Chartered Institute of Taxation says it is pleased that its concerns about the fairness of penalties for filing late under Making Tax Digital (MTD) – the UK's upcoming tax administration modernization reforms – will be addressed by the tax agency. Read Full Story

 


UK Imprisons Fraud Ring That Used HMRC Insider

by Jason Gorringe, Tax-News.com, London

Wednesday, December 13, 2017

HM Revenue and Customs has welcomed prison terms for a gang, including a former HM Revenue and Customs employee, that stole more than GBP2.4m (USD3.2m) in value-added tax. Read Full Story

 


UK To Continue Pushing For Effective MNE Tax Rules

by Jason Gorringe, Tax-News.com, London

Monday, November 27, 2017

On November 22, the UK Government published for stakeholders' comments a position paper setting out its views on the challenges posed by the digital economy for the corporate tax system and its preferred solutions. Read Full Story

 

 

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