According to HMRC’s published List of Deliberate Tax Defaulters, 200 of these 775 businesses were restaurants or takeaways. The government have been publishing this list since December 2017 and have also used a specific taskforce [...]
HMRC pay individuals for information that leads to the recovery of unpaid tax. It is within their scope under the Commissioners for Revenue and Customs Act 2005. This has cost the country £2.23 million in [...]
We heard a lot about the introduction of the EU wide GDPR (General Data Protection Rules) last year. New cases of rule breaking are emerging all the time, as people understand the system more fully [...]
Lorraine Kelly is the most recent in a long line of people in the entertainment industry that have hit the headlines because of HMRC action against them. But has she actually tried to avoid paying [...]
In his March 2019 Spring Statement, Chancellor Philip Hammond said: “Since 2010, the government has secured and protected over £200 billion of tax that would otherwise have gone unpaid, introduced over 100 measures to reduce [...]
In 2015, Mossack Fonseca law firm’s files were leaked to the world in, what became known as, the Panama Papers scandal. These documents contained information that led to investigations of financial crimes, of both individuals [...]
Thousands of scam sites shut down by HMRC The figures relating to the number of scam sites are astonishing. Just in March 2018, HMRC asked for 2,672 fake websites to be taken down. 84,549 reports [...]
Anything you read about tax will inevitably include references to HMRC. Most people writing about tax assume that their readers already have all the insider knowledge and vocabulary they need. At Tax Banana, we don’t [...]
A tax avoidance scheme designed to avoid VAT on car repairs has been successfully challenged by HMRC. The scheme in question saw a group selling car warranties restructure themselves so that they could reclaim the [...]
An illegal filling station and fuel laundering plant in County Tyrone has been discovered and disassembled by HMRC recently. The bootleg station was allegedly selling prohibited fuel for only £1.11 per litre. Inndustrial units in [...]
