News
General News
UK Clamps down on Visas for South African travellers
05 March, 2009
From mid 2009, South Africans will need a visa to travel to the UK for a holiday.
An investigation into banks who use tax havens
02 March, 2009
Now that taxpayers are footing the bill, a spokesman for the Treasury has apparently called for an independent review into tax haven used by British banks.
EC proposes to make life easier for small businesses
28 February, 2009
A new proposal has been put forward by the European Commission that will allow Member States to abolish financial reporting for small businesses.
Combined effort to clamp down on tax havens
27 February, 2009
European leaders congregated in Berlin last week to discuss tougher measures on tax havens and set a new regulatory framework.
Taxman targets banks in new amnesty
26 February, 2009
In 2007 when the HMRC issued the first amnesty, offering customers of certain banks the opportunity to take advantage of the scheme, it netted approximately £400m for the HMRC.
Darling attacks Swiss banking secrecy
24 February, 2009
Chancellor Alistair Darling wants Swiss banks to remove the veil of secrecy around their tax and banking regimes.
Credit crunch causing tax concerns for solicitorsCredit crunch causing tax concerns for solicitors
17 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.
Apology from the HMRC for online tax return problems
01 February, 2009
An online glitch in the system for filing self-assessment tax returns has led to confusion among taxpayers.
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.