HM Revenue and Customs (HMRC) has confirmed that it is working with the United States and Australian tax administrations (the IRS and ATO) on data which reveals extensive use of complex offshore structures to conceal assets by wealthy individuals and companies.
With the ever popular Comic Relief seeking to raise another record-breaking total to beat the £102m raised in 2011, it would seem that British enthusiasm for giving has not been dampened by the economic downturn.
People with an income over £60,000 whose family is still receiving Child Benefit should opt out before 28 March if they wish to avoid filling in a tax return and repaying the benefit for the 2013/14 tax year.
Millions of Britons are using consumer power to boycott companies seen to be avoiding their fair share of UK tax, new research reveals.
People who sell directly to customers and who haven't paid all the tax they owe have one week left to take part in an opportunity offered by HM Revenue & Customs (HMRC) to get their tax affairs in order, on the best terms available.
Taxpayers reported almost 80,000 tax rebate phishing emails last year, HM Revenue and Customs (HMRC) have revealed, as they warn people not to fall victim to the email scams sent by fraudsters.
In the United Kingdom, IR35 is a form of tax legislation that was created to tax workers who try to disguise their employment.
Figures released by debt advice charity the Money Advice Trust, show that its National Debtline service has seen a sharp long term trend in calls for help with council tax arrears.
Over 250,000 people have downloaded HM Revenue and Customs' tax calculator app which allows people to work out how much tax they pay and how the Government spends it.
A new HM Revenue and Customs (HMRC) advertising campaign is urging anyone who hasn't sent in their 2011-12 tax return to do it now - and find "inner peace".
The average UK pensioner household faces a £111,400 tax bill in retirement as increasing longevity means pensioners are living on average up to 19 years past the age of 65, new analysis from MetLife shows.
Junior ISAs (JISAs) are one year old in November. So far little interest has been shown in these tax-free savings accounts for children.
A quarter (25 per cent) of higher rate taxpayers expecting to have their child benefit payments reduced due to new tax rules which come into force next year, may boost their pension contributions to avoid the tax. That's according to new independent research commissioned by Prudential.
One in four higher rate taxpayers do not contribute to pension schemes despite the attraction of tax relief to help boost their retirement savings, according to independent research from Prudential.
British people moving abroad could be losing large amounts of money due to poor financial planning and being unaware of tax considerations that could save them money or even lead to reimbursements from HMRC.
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