Investigations

Platform will follow progress of plan against evasion

Figures show major increases in prosecutions and distraint

Overview of HMRC’s latest offshore initiatives against evasion and avoidance

CRC v Sunico A/S and others, Chancery Division

HMRC have added another section to their website’s Spotlights area, which focuses on tax avoidance arrangements the department believes do not work. The latest is, numbered 18, concerns stripped bond schemes.

The First-tier Tribunal ruled in the Revenue’s favour in Malcolm Healey TC2591 and Philip Savva TC2625, two cases involving similar products marketed by banks as investments.

Incomplete submissions are resulting in “unnecessary delays” in the Liechtenstein disclosure facility (LDF) system, HMRC have warned.

The department's LDF helpdesk has sent a letter to specialist advisers stating that tax officials will adopt a “more robust stance… when determining whether a disclosure certificate can be issued in an LDF case”.

Special Metals and Engineering Ltd (TC2362)

DVLA given access to the Revenue’s VAT systems

Implications for UK taxpayers of the memoranda of understanding with the Isle of Man, Jersey and Guernsey

HMRC have again stressed the achievements of their alternative dispute resolution scheme, which received more than 400 applications during it lengthy pilot phase.

ADR is set for a full launch later this year. Its trial ran between early 2011 until December 2012 to be used by small and medium-sized enterprises and individual taxpayers as another way of settling tax disagreements with the Revenue.

Governments agree to multilateral tax information exchange

A feel at the collar of HMRC criminal investigations