Flexible furloughs beginning on July 1
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 didn’t notify European Commission of it’s extension to zero-rating VAT
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…
The Facility for Contractual Disclosure of Tax Evasion
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…
How HMRC handles alleged tax violations
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…
Cryptocurrency: What is it?
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…
Tax reform ‘needed’ for fiscal recovery
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…
VAT Fraud Specialists
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…
Claims of Commercial Fraud
If a commercial fraud claim is proven, the funds must be refunded. Contracts may also be cancelled. However, a commercial fraud suit is a severe charge that requires proof. Please…
How Pioneering Solutions can assist you if you are the subject of an HMRC investigation
Few things are more distressing than being the subject of an HMRC investigation. Generally, an HMRC inquiry will begin without the taxpayer’s knowledge. HMRC employs advanced algorithms and systems that…
What to do with HMRC enquiries
HMRC will increase the number of enquiries into whether or not adequate tax has been paid. We examine many business tax areas that may be the subject of an HMRC…