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The tax gap between what is paid and what is owed to HMRC
The tax gap is the estimated difference between the amount of tax that should in theory be paid to HMRC and wh...
Offshore assets: common myths
HMRC statistics show that approximately one in ten people in the UK have an offshore financial interest. ...
Flexing muscles
Along with this year’s Spring Statement HMRC took the opportunity to publish its refreshed strategy on tacklin...
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HMRC gets more time
HMRC’s ability to assess additional income tax and capital gains tax (CGT) is restricted by statutory assessme...
Set your alarms
HMRC has an ongoing agenda to tackle all forms of ‘non-compliance’.
Unwanted publicity!
The intended aims of what was quickly dubbed HMRC’s ‘naming and shaming’ power are clearly to act as a deterre...
A penalty puzzle?
HMRC charge tax-geared penalties for errors in tax returns.