Looking back at 2023 – HMRC Escalating Its Campaign Against Tax Evasion

HM Revenue and Customs (HMRC) has recently escalated its campaign against tax evasion, focusing particularly on the facilitators of such practices with the implementation of rigorous new protocols. This strategy is a component of an ongoing initiative by the administration to eliminate tax avoidance while promoting adherence to taxation rules. In July, newly established procedures […]

Read More… from Looking back at 2023 – HMRC Escalating Its Campaign Against Tax Evasion

UK Workers meeting Xmas expenses with temp work

The research showed that more than a third of workers expect the additional work to cover seasonal expenses (36%), while the same proportion expect it to cover Christmas costs and some household bills. Even full-time workers are feeling the pinch, with 19% picking up temporary work, Indeed added. Nearly half of workers temping this holiday […]

Read More… from UK Workers meeting Xmas expenses with temp work

Current list of tax avoidance schemes and promoters

To strengthen the UK’s tax structure and combat illicit tax evasion activities, HM Revenue and Customs (HMRC) has taken a definitive action by releasing an exhaustive catalog of identified tax avoidance schemes along with their initiators, facilitators, and providers. This measure forms part of HMRC’s overarching strategy to foster transparency while discouraging prohibited taxation maneuvers. […]

Read More… from Current list of tax avoidance schemes and promoters