HMRC forced to fact up to poor decisions on businesses

Half the fines imposed on businesses from filing VAT returns late may be incorrect according to an analysis of HMRC’s figures. Figures in 2013 say that…

The Icebreaker Scheme

What are the consequences of the HMRC victory in closing down “the Icebreaker Scheme” after it was ruled that it was set up with the sole…

Wow – what a mess!

HMRC are now targeting homes and individuals from all walks of life in avoidance schemes, so it is said. HMRC is currently challenging 65,000 schemes –…

Offshore evasion to become a criminal offence

HM Revenue and Customs (HMRC) are set to clamp down on offshore tax evasion by treating it as a criminal offence. Failing to declare taxable offshore…

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