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General News

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.

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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.

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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.

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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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