The number of criminal convictions for tax evasion jumped by 38% over the past year as HMRC has taken a more focused approach, according to law firm McGrigors. Nick Huber reports.
New guidance from the taxman on how property and “flat management” companies should present their accounts has confused accountants, reports Nick Huber.
Crikey HMRC are getting quick to jump on small businesses these days. I have a client who is VAT registered and has always been in a repayment situation.
When HMRC issued its Agent Strategy consultation document, many AccountingWEB.co.uk members responded that HMRC should sort its house out first before it seeks to regulate the activity of tax agent
A recent blog post from ICAS director of tax Derek Allen highlighted a brace of tribunal cases where HMRC came up short in its approach to discovery assessments.
HMRC has set out how it deals with taxpayer disputes via its refreshed Litigation and Settlement Strategy (LSS), but the updated policy and guidance could have wider implications.
With the help of tax advisers, AccountingWEB has assembled a guide to the areas on which taxpayers have appealed late payment and filing penalties. [Updated 5 January 2012]
- ICAS: HMRC record checks are “flawed” 207,484 18
- Reasonable Excuse scorecard 2011: Taxpayers 20 HMRC 12 46,355 17
- HMRC helplines begin move to 03 numbers 28,671 19
- HMRC ‘reasonable excuse’ definition under fire 27,800 22
- Struck-off companies dodge £16bn a year 25,583 59