HM Revenue & Customs (HMRC) has paid back more than £55m in overpaid tax to individuals who have withdrawn money from their pensions during the first quarter of 2020. HMRC…

Companies around the UK should start preparations for an important change in their filing/register keeping system – the Government Department for Business, Innovation and Skills (“BIS”) has just introduced an…

According to Monty Jivraj, fundamental tax reform is necessary to guarantee that taxes are growth-friendly, simple to understand, and manageable by the taxman. This will aid in the nation’s recovery…

Changes to the Coronavirus Job Retention Scheme (CJRS) will apply a month earlier than expected. From 1 July the scheme will allow part-time working, but staff must have been furloughed…

The UK government lost its legal battle against Brussels over the EU’s attempts to force it to raise taxes on trading commodity derivative, hitting the City of London’s competitiveness hard…

Depending on the circumstances, those found guilty of tax evasion or tax fraud in the United Kingdom face legal consequences ranging from a £5,000 fine and six years in jail…

What is the Contract Disclosure Facility? provide justifications for rejecting the CDF offer. Explanation of what transpires once a CDF offer is accepted The generosity of HM Revenue & Customs…

A particular kind of virtual asset that is secured by cryptography is cryptocurrency. Usually, a blockchain system is used to track and maintain a history of transactions. Since cryptocurrencies like…

Fundamental reform of the tax system to make sure taxes continue to support growth, manageable and straightforward by the taxman is needed to help boost the UK’s recovery from the…

It’s incredibly distressing to be examined for possible VAT fraud or evasion. It’s considerably worse if you’re accused of VAT fraud. As we describe below, the perpetrator of many large-scale…