Hamilton man James McGee, a retired tax inspector who stole a dead man's identity to carry out a £170,000 VAT fraud, has been jailed for two and a half years. James McGee, 66, utilised his forty years of expertise to obtain false payments from HMRC.
Hmrc
Supreme Court dismisses appeal by mail order company seeking to recover money from HMRC as input VAT
The UK Supreme Court has dismissed an appeal by a mail order company seeking repayment from HMRC of sums it claimed should have been regarded as recoverable VAT. Zipvit Ltd, which had mistakenly never been charged VAT for use of a special mail service provided by Royal Mail, argued that part of thei
Nearly 66,500 taxpayers filed their 2021 to 2022 tax return on the first day of the new tax year, 6 April 2022, HMRC has confirmed. In recent years, there has been an increasing number of ‘early-bird’ customers filing their completed Self Assessment tax returns at the start of the new ta
About 2.1 million tax credits customers will begin to receive their annual renewal packs this week from HMRC. The packs will be sent between 25 April and 27 May, and customers have until 31 July to check their details are correct and update HMRC if there has been a change in their circumstances.
Taxpayers in Scotland are being encouraged to check online for the range of financial support available from HMRC to help with living costs. HMRC has listed the support available in one place to ensure people are not missing out and can easily find out online if they are eligible and how to claim.
Tax avoidance schemes have been named for the first time by HMRC as users are warned they could face large tax bills. HMRC has today advised anyone involved in Absolute Outsourcing’s or Purple Pay Limited’s Equity Participation Scheme to withdraw from them as soon as possible to prevent
Businesses have less than a week to prepare for Making Tax Digital (MTD) for Value Added Tax (VAT) becoming mandatory for VAT-registered businesses on 1 April, HMRC has revealed. MTD helps taxpayers get their tax returns right by reducing common mistakes as well as saving time managing their tax aff
Former Rangers player Neil Mccann has lost a £200,000 battle with HMRC over his work as a TV pundit. Mr Mccann began a career in commentary work when he retired from playing football.
Self Assessment taxpayers have just one week left to pay their tax bill or set up a payment plan to avoid incurring a penalty, HMRC has urged. Customers have until 1 April to pay all tax due from their 2020/21 tax return and not receive a late payment penalty. If they are unable to pay in full, ther
AML Tax (UK) Limited, a firm owned by Scottish businessman Doug Barrowman, has been fined £150,000 for failing to provide HMRC with legally required information. The firm, which was part of Mr Barrowman's Isle of Man-based Knox Group, promoted tax avoidance schemes in the UK for years.
HMRC is warning Self Assessment customers to be on their guard following the Self Assessment deadline after more than 570,000 scams were reported to HMRC in the last year. At this time of year, Self Assessment customers are at increased risk of falling victim to scams, even if they don’t menti
HMRC has revealed that more than one million customers filed their late tax returns in February – taking advantage of the extra time to complete their Self Assessment without facing a penalty. About 12.2 million customers were expected to file a return for the 2020/21 tax year and more than 11
Adrian Chiles has won a seven-year battle with HMRC over a £1.7 million tax bill for his broadcasting work. A first-tier tax tribunal ruled that Chiles was right to organise his financial affairs through his company, Basic Broadcasting, and was not in effect an employee of the BBC and ITV.
HMRC has launched more than 20 criminal investigations involving crypto assets as it tries to defend itself against its rising crime levels encouraged by the unregulated market. The Daily Telegraph has reported that the tax authority is investigating a rising number of tax fraud and tax evasion case
Almost 100,000 Self Assessment customers have used online payment plans to spread the cost of their tax bill into manageable monthly instalments since April 2021, HMRC has revealed.