Changes to VAT penalties and interest from 01 January 2023

HMRC has not fined a single enabler of offshore tax evasion HMRC has not fined a single enabler of offshore tax evasion in five years, data released in response to a Freedom of Information (FOI) request has revealed.This is despite HMRC having landmark powers, which were introduced in 2017, to impose hefty fines.The data, which…

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New VAT penalty regime and other VAT news

HMRC has not fined a single enabler of offshore tax evasion HMRC has not fined a single enabler of offshore tax evasion in five years, data released in response to a Freedom of Information (FOI) request has revealed.This is despite HMRC having landmark powers, which were introduced in 2017, to impose hefty fines.The data, which…

1.25% increase to NIC and dividend tax rates 

HMRC has not fined a single enabler of offshore tax evasion HMRC has not fined a single enabler of offshore tax evasion in five years, data released in response to a Freedom of Information (FOI) request has revealed.This is despite HMRC having landmark powers, which were introduced in 2017, to impose hefty fines.The data, which…

Budget 2021

HMRC has not fined a single enabler of offshore tax evasion HMRC has not fined a single enabler of offshore tax evasion in five years, data released in response to a Freedom of Information (FOI) request has revealed.This is despite HMRC having landmark powers, which were introduced in 2017, to impose hefty fines.The data, which…

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Update on Government schemes in response to COVID-19

HMRC has not fined a single enabler of offshore tax evasion HMRC has not fined a single enabler of offshore tax evasion in five years, data released in response to a Freedom of Information (FOI) request has revealed.This is despite HMRC having landmark powers, which were introduced in 2017, to impose hefty fines.The data, which…

Dividend 2017/18 and 2018/19

HMRC has not fined a single enabler of offshore tax evasion HMRC has not fined a single enabler of offshore tax evasion in five years, data released in response to a Freedom of Information (FOI) request has revealed.This is despite HMRC having landmark powers, which were introduced in 2017, to impose hefty fines.The data, which…

Autumn Budget 2017

HMRC has not fined a single enabler of offshore tax evasion HMRC has not fined a single enabler of offshore tax evasion in five years, data released in response to a Freedom of Information (FOI) request has revealed.This is despite HMRC having landmark powers, which were introduced in 2017, to impose hefty fines.The data, which…

Changes to flat-rate VAT in more detail with examples

HMRC has not fined a single enabler of offshore tax evasion HMRC has not fined a single enabler of offshore tax evasion in five years, data released in response to a Freedom of Information (FOI) request has revealed.This is despite HMRC having landmark powers, which were introduced in 2017, to impose hefty fines.The data, which…