If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
“I’m late filling in my tax return” is a statement that we see time and time again in the enquiries that we see coming through from tax payers who have…
The Let Property Disclosure Facility (LPC) has been operating as a means for people to disclose previously undeclared and reported profits from buy to let property. HMRC launched the LPC over three…
The Worldwide Disclosure Facility (WDF) has been operating as a means for people to disclose previously undeclared and reported income and gains received from an overseas source. At Forths, we have prepared…
Over 100 countries have now committed to exchange information on a multilateral basis through signing up to the Common Reporting Standard (‘CRS’). This increased cross border tax transparency has resulted…
This is a question that we are often asked by clients. The answer simply depends on the circumstances surrounding your tax affairs and whether HMRC alleges whether tax avoidance or…
In the course of the tax investigations that our experienced team assist in, it is often the case that tax payers have been referred to by HMRC to certain sections…
Other related blogs: How Far Back Can A Tax Investigation Go? HMRC may launch a Tax Investigation into your affairs if it has evidence to suggest that you have unpaid…
Until a couple of months ago, few people outside of the military had ever used the word furlough, never mind used the word as a matter of course in everyday…
Tax investigators are used by HMRC to increase the overall tax take from individuals by seeking to discover income that should have been taxed but which was not. In the…
The Covid-19 pandemic has presented challenges for many, a new way of living and apprehension around what normality will look like in the future. However, the only thing that is…
Here at Forths Tax Disclosures we are continually reviewing information and guidance in relation to the coronavirus pandemic. Our focus has been on ensuring that we have robust business continuity…
The findings of the review by All party parliamentary group (APPG) and the governments response was published on 22nd December 2019. It comes shortly after the election it was held…
Please note that the office will be closed from 2pm on Friday 13th December for our office party. Monday 23rd Dec – 9am to 5.30pm Tuesday 24th Dec – 9am…
HMRC have issued updated guidance for those individuals who are affected by the Contractor Loan legislation. In September the Prime Minister revealed that an all party parliamentary group (APPG) would…
Property rental website Airbnb has notified that it is facing a tax inquiry from HMRC. The UK entities of the US based company has confirmed that the tax inquiry relates…
Following the Great Recession of 2008-2009, far greater attention was paid by the governments of the world to the twin issues of tax avoidance and evasion. The collapse in economic…
No Safe Havens 2019 is a government strategy bringing together all of HMRC’s rules and powers regarding offshore tax avoidance and non-compliance. HMRC has been cracking down on offshore tax…
Paying tax on goods and services sold online.... Online traders hit with fines for unpaid taxesFor as long as anyone can remember, the accusation against HMRC is that it always…
Also known as Contractor Loan Schemes and Employee Benefit Trusts Following a well-publicised and ongoing campaign by HMRC to pursue taxpayers who have previously used or who are using schemes…
We would like to wish you best wishes for the festive period. Our opening times are as follows: Friday 21st December - 9am - 2pmMonday 24th December - 9am -…
With the release of the Paradise Papers and the Panama Papers prior to that, offshore tax avoidance and evasion has rarely been out of the news. Related to that, HMRC…
HMRC has published updated guidance in relation to disguised remuneration schemes such as contractor loans and employee benefit trusts. Earlier this year, HMRC extended the deadline by which individuals who…
Many contractors who entered into tax avoidance schemes may face larger fines in April 2019 if they do not take advantage of an extended deadline offered by HMRC. HMRC had…
HMRC has opened a consultation into extending the time limit by which it can investigate offshore tax affairs. HMRC proposes that a new 12 year time limit be imposed where…
HMRC has planned to clampdown on the use of ‘employee benefit trusts’ in a move which may force many into paying unpaid tax going back up to 20 years. The…
Figures released by HMRC reveal that it had recovered £1.3bn in disputed tax last year through the use of Accelerated Payment Notices (APNs). Accelerated Payment Notices were introduced in 2014…
Millions of individuals with offshore bank accounts are being urged to bring their tax affairs up to date. HMRC is set to receive information about overseas banks accounts held by…
Figures released following a Freedom of Information request and in response to questions from MPs, show that HMRC is increasing its efforts to clampdown on tax evasion and to bring…
Thousands of British expats who have undeclared savings accounts may be facing tax investigations as a new global initiative comes into effect. The initiative has been developed by the Organisation…
HMRC is handing down harsh penalties to those who have unpaid tax from trading goods online. Online traders who use websites such as eBay, Gumtree and Amazon to trade goods…
HMRC has begun to take action against individuals who have unpaid Accelerated Payment Notice (APN) demands. Accelerated Payment Notices (APNs) were issued to users of tax avoidance schemes in order…
HMRC has announced new plans to clampdown on the promoters of tax avoidance schemes by widening the scope of DOTAS (disclosure of tax avoidance schemes) to all indirect taxes and…
HMRC is using new powers to target individuals who have unpaid tax from online trading. In September last year HMRC obtained powers to allow its team of investigators to monitor…
HMRC has updated its guidelines that relate to the process of making representations against Accelerated Payment Notices (APNs). Accelerated Payment Notices (APNs) are issued by HMRC to individuals when it…
HMRC is to investigate how footballers, clubs and agents have avoided paying tax. Recently, HMRC confirmed that a number of footballers and celebrities were under investigation particularly in relation to…
The Chancellor Philip Hammond announced in his Autumn Statement this week that he pledges to recover £2bn lost to the economy as a result of tax avoidance, tax evasion and…
HMRC has been handed information regarding offshore bank accounts held by UK tax payers. The development means that HMRC will be able to access information using software and match the…
The number of tax avoidance schemes used by individuals who may fall in receipt of an Accelerated Payment Notice (APN) has recently been increased. It is believed at HMRC now…
HMRC has announced a new tax disclosure facility for anyone who has UK tax liabilities and overseas financial interests. The Worldwide Disclosure Facility (WDF) is set to open on 5th September 2016…
Non domiciled (non dom) owners of UK properties face paying more tax if the property has been purchased through an offshore company, according to new government proposals to reduce tax…
HMRC has been forced to withdraw hundreds of Accelerated Payment Notices (APNs). The Accelerated Payment Notices (APNs) have been withdrawn following a judicial review. APNs were introduced by HMRC as…
Details have emerged that link Scotland with being a tax haven for the Eastern European market following the identification of a century old legal loophole. Law firms and connected agents…
The highest court in Britain is set to hear a legal case brought by film scheme investors this week. The Supreme Court case has been brought by investors into the…
According to figures released following a Freedom of Information request it has been revealed that HMRC recovered £3.5bn in VAT from SMEs in 2014-15. The figure accounts for almost half…
HMRC has been forced to withdraw almost 2,000 Accelerated Payment Notices (APNs) that were sent to contractors in the banking and IT industries following a recent decision at a first…
Figures released recently show that the number of convictions for tax evasion and tax fraud achieved by HMRC last year were up 58%. The figures show that prosecutions increased from…
An inside view of a large seller of ‘aggressive’ tax avoidance schemes has been exposed by a whistleblower. Welbeck Group targeted wealthy professionals in the City by promoting tax avoidance…
HMRC taskforces have recovered £109m in unpaid tax according to reports. The achievement far exceeds expectations since they were introduced in Spring this year – with the original target set…
HMRC has confirmed that it has recovered £50m in unpaid tax through the Let Property Campaign. Launched in September 2013, the Let Property Campaign aims to target residential property landlords…
HMRC has begun to actively target contractors and freelancers over potential tax avoidance and unpaid tax. Contactors and freelancers who worked in the IT, banking, oil and gas industries in…
Accelerated Payment Notices (APNs) have assisted HMRC in recovering £1bn in unpaid tax. Targeted at individuals who have used tax avoidance schemes, such as film partnership investment schemes, APNs require…
The government has announced that plans may be introduced to charge individuals for challenging decisions made by HMRC in relation to tax avoidance disputes. The proposals are linked to the…
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
HM Revenue & Customs has collected £4bn in corporation tax from UK companies, a jump of 25% from £3.2bn over the last 12 months. According to research conducted by law…
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.
If you do not pay your tax there are a number of actions HMRC may take in order to recover unpaid tax debt. Depending on the circumstances this could take the form of either a tax investigation or HMRC debt enforcement action.