Economy
Jailed ‘spy’ forced to pay or face more time inside
Thursday, 27 June 2019, 12:33
Jailed ‘spy’ forced to pay or face more time inside
Raymond Thomas, a tax fraudster, has been ordered to pay £615,000 in restitution or face a further five years behind…
Impact of Brexit on UK financial services nears £4bn
Thursday, 27 June 2019, 11:42
Impact of Brexit on UK financial services nears £4bn
The direct financial impact of Brexit on major financial services firms has reached nearly £4bn as of 31 May 2019,…
Tax gap remains low
Thursday, 20 June 2019, 12:42
Tax gap remains low
The tax gap for 2017/2018 is 5.6%, HM Revenue and Customs (HMRC) confirmed today. This means that HMRC collected 94.4%…
Government spends nearly £97m on consultants for Brexit, says NAO
Friday, 7 June 2019, 11:58
Government spends nearly £97m on consultants for Brexit, says NAO
The National Audit Office (NAO) has published its investigation into the use of consultants by government departments to support preparations…
Charity treasurer jailed for stealing £330,000 in Gift Aid
Monday, 3 June 2019, 10:31
Charity treasurer jailed for stealing £330,000 in Gift Aid
A charity treasurer who tried to steal more than £330,000 in a Gift Aid repayment fraud has been jailed for…
Restaurant owner used stolen VAT money to pay school fees
Tuesday, 14 May 2019, 12:13
Restaurant owner used stolen VAT money to pay school fees
The owner of a Surrey restaurant who used stolen VAT money to pay her children’s school fees has been jailed.…
HMRC raises millions from tax-dodging puppy farmers
Tuesday, 7 May 2019, 11:01
HMRC raises millions from tax-dodging puppy farmers
More than £5m has been raised by an HMRC taskforce tackling dishonest dog breeders who were selling pups on the…
Springtime tax scams target young and vulnerable, warns HMRC
Tuesday, 23 April 2019, 11:43
Springtime tax scams target young and vulnerable, warns HMRC
Young adults who may have less experience of the tax system should be especially vigilant against springtime refund scams, HM…
Long-term Brexit concerns for CFOs reaches ‘all-time high’
Wednesday, 17 April 2019, 12:40
Long-term Brexit concerns for CFOs reaches ‘all-time high’
Eight in 10 CFOs (81%) say they expect the long-term business environment to be worse as a result of the…
HMRC and taxpayers disputes increase 43%
Thursday, 11 April 2019, 15:32
HMRC and taxpayers disputes increase 43%
The number of disputes between taxpayers and HMRC has risen by 43%, according to analysis by accountancy firm Price Bailey.…