tax

A taskforce tackling people trying to dodge property tax in the north west and north Wales has been launched by HM Revenue and Customs (HMRC).

A tax avoidance scheme which abused the reliefs offered for research into life-saving vaccines to claim back £77m in tax has been rejected again by a tribunal.

The Treasury expects to net an extra £3.9bn between 2015 and 2020 as a result of tax reforms designed to facilitate the Budget freedoms.

Former government chief whip Andrew Mitchell has invested in a high-profile film financing company considered to be a tax avoidance scheme by HMRC.

A list of tax avoidance schemes whose users may be required to make an upfront payment of tax has been published today by HM Revenue and Customs (HMRC).

Business executives and sport stars - among them David Beckham - have been warned they must pay HM Revenue and Customs more than £520m after a government crackdown on tax avoidance schemes.

Property searches by HM Revenue & Customs (HMRC) to target tax evasion jumped by 12% to 500 in the last year, according to official data obtained by law firm Pinsent Masons.

Revenue from taxes on home buyers and savers looks likely to exceed money hauled in from ‘sin taxes' such as those applied to alcohol and tobacco, according to the Daily Telegraph.

Celebrity tax scheme promoters have failed to stop the Revenue forcing their clients to pay their bills up front. Experts predict a wave of high-profile bankruptcies.

Advisers who introduced clients to the Icebreaker scheme knew "perfectly well" its sole aim was to enable tax avoidance, lawyers for an insurance company have claimed, citing a Tribunal ruling.