HMRC claims billion pound week with win against Jersey firm
The UK tax office has won a judgement against a limited partnership registered in Jersey, the Clavis Liberty Fund 1 LP scheme, which it claimed had tried to create artificial tax losses.
The UK tax office has won a judgement against a limited partnership registered in Jersey, the Clavis Liberty Fund 1 LP scheme, which it claimed had tried to create artificial tax losses.
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HM Revenue & Customs (HMRC) is to receive more than a billion in additional funding to digitalise the UK’s tax system and introduce personalised digital accounts, removing the need for annual tax returns, chancellor George Osborne announced Wednesday.
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International advice firm deVere has announced plans to aggressively develop in the UK and capitalise on the areas improving economy and pension changes.
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It is apparent the public are not the only ones guilty of making tax excuses, as Baker Tilly’s George Bull responds to HMRC’s list with his account of the Revenue’s own questionable responses to taxpayer affairs.
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HM Revenue & Customs has recovered a record amount of tax from big ticket avoidance, evasion, and fraud, up nearly a quarter on last year.
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International Adviser looks at four cases of celebrities being targeted for their investment into tax avoidance schemes.
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An international law firm has accused HM Revenue & Customs of a ‘sudden and unprecedented escalation’ after the body revealed the full details about powers which will allow it to impose £1m fines on tax advisers.
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The Government has amended the Finance Bill legislation to remove the uncertainty which had caused some venture capital trusts to delay allotting shares in the 2014-15 tax year.
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Tax avoidance schemes have dropped, but Osborne has tightened legislation enabling HMRC to demand upfront tax payment.
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A tax avoidance scheme used by celebrities and fund managers, including one-time Radio 1 DJ Chris Moyles and former Liontrust fund manager Eoghan Flanagan, has been closed down by HMRC.
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A tax avoidance scheme used by celebrities and fund managers, including one-time Radio 1 DJ Chris Moyles and former Liontrust fund manager Eoghan Flanagan, has been closed down by HMRC.
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A tax avoidance scheme used by celebrities and fund managers, including one-time Radio 1 DJ Chris Moyles and former Liontrust fund manager Eoghan Flanagan, has been closed down by HMRC.
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