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Latest News

Harsher penalties ahead for offshore savers as HMRC plans second amnesty

20 February, 2009

People hiding their savings in offshore accounts could be hit even harder by the 2nd tax amnesty as tougher penalties are planned by the HMRC.

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Credit crunch causing tax concerns for solicitorsCredit crunch causing tax concerns for solicitors

18 February, 2009

According to an online Law Society survey, UK Solicitors are being affected by the credit crunch and they have named paying tax as the biggest problem.

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Apology from the HMRC for online tax return problems

02 February, 2009

An online glitch in the system for filing self-assessment tax returns has led to confusion among taxpayers.

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A 2 month amnesty on offshore bank accounts

22 April, 2007

In an attempt to recover billions of pounds in unpaid tax, the HMRC announced an amnesty of 2 months to residents with offshore bank accounts.

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