Tag: HMRC

UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say

UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say

The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told. www.coindesk.com [...]
'Taxpayers will be furious' as HMRC self-assessment tax helpline closes

'Taxpayers will be furious' as HMRC self-assessment tax helpline closes

HMRC has shut down its main self-assessment helpline over the summer, raising concerns. www.bbc.co.uk [...]
No penalties for ‘innocent’ tax errors, HMRC boss says

No penalties for ‘innocent’ tax errors, HMRC boss says

Whilst he would not comment on specific individuals, Mr Harra said: "There are no penalties for innocent errors in your tax affairs. So if you take re [...]
Nadhim Zahawi paid penalty as part of HMRC tax dispute

Nadhim Zahawi paid penalty as part of HMRC tax dispute

The Conservative Party chairman is under pressure over his taxes, after saying he made a "careless error". www.bbc.co.uk [...]
Ex-chancellor Zahawi settled with HMRC after ‘error’

Ex-chancellor Zahawi settled with HMRC after ‘error’

"When we set it up, I didn't have the money or the expertise to go it alone. So I asked my father to help. In the process, he took founder shares in t [...]
HMRC hits back over claims it is soft on fraud

HMRC hits back over claims it is soft on fraud

A committee of MPs says the tax authority's inaction is rewarding the unscrupulous, a claim that is denied. www.bbc.co.uk [...]
Covid: MPs criticise HMRC over gaps in assist schemes

Covid: MPs criticise HMRC over gaps in assist schemes

However regardless of this, a report from the MPs says "quirks within the tax system" have meant that teams of staff - together with freelancers an [...]
11 / 11 POSTS