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The Liechtenstein Disclosure Facility (LDF) has been extended by one year to 5 April 2016 after some 2,000 people with money invested in the tax haven came forward.
More than one million taxpayers face a penalty of £100 for failing to submit their self-assessment tax returns on time.
Guidance issued today by HMRC appears to extend the scope under which advice services will be exempt from VAT post-retail distribution review (RDR).
Other Tax articles
Colin Batchelor of Legal & General Savings explains how your clients can still make significant contributions to their pensions despite a reduction in the annual allowance rules.
An industrial dispute between Her Majesty’s Revenue and Customs (HMRC) staff and their employers will create chaos on the day of the tax return deadline, experts have warned.
A tax adviser has been found guilty of attempting to defraud clients of £70m with a tax avoidance scheme.
Letters sent out by Her Majesty’s Revenue and Customs (HMRC) informing people they have paid too little tax could be based on inaccurate figures, an accountancy firm has warned.
Inheritance tax (IHT) has morphed from a straightforward system to a "complex maze of traps for the unwary", a report by Grant Thornton has concluded.
A temporary rise in Spanish income tax means non-compliant bonds, which are subject to withhold tax every year, will be affected by the increase over the next two years.
Advisers are urged by HM Revenue & Customs (HMRC) to warn expatriate clients to be on their guard against falling victim to ‘phishing' emails sent out by fraudsters in the run-up to the self-assessment deadline of 31 January.
HMRC staff are set to go on strike on 31 January, the self assessment filing deadline day.
With the average age of EIS investors falling, are more people finally waking up to the products’ tax benefits?
Taxpayers suspected of fraud by HMRC will be able to avoid criminal investigations if they admit to their actions, under a new initiative.
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