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HMRC errors costing taxpayers billions, say MPs

Mortgage Solutions | 22 May 2013

A failure by HM Revenue & Customs (HMRC) to reduce errors and fraud in the tax credit system has "cost the taxpayer dear", a group of MPs said, after the tax authority admitted it would miss its target by £5bn.

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Residential property transactions fall 5% in April

The number of residential properties bought and sold in April decreased by 5% on the previous month, according to HM Revenue and Customs.

Mortgage Solutions | 21 May 2013
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Property transactions climb 2% in March

UK residential property transactions in March increased by 2% on the previous month to 85,650, according to HM Revenue and Customs data.

Mortgage Solutions | 23 Apr 2013

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Ex-Honister adviser sentenced to 18 months in prison

A former Honister Partners adviser charged with evading tax was sentenced to 18 month's imprisonment today following a case brought by Her Majesty's Revenue & Customs (HMRC).

Mortgage Solutions | 19 Apr 2013
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Tax advisers face flurry of claims after HMRC crackdown

A spate of professional negligence claims have been lodged against the promoters of tax avoidance schemes - including advisers - following a clampdown by HM Revenue & Customs (HMRC), according to Reynolds Porter Chamberlain (RPC), the City law firm.

Mortgage Solutions | 19 Apr 2013
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Second homeowners warned on August tax deadline

HMRC's crackdown on second homeowners who sell up without paying Capital Gains tax on profits will catch out tax avoiders unless they declare before the summer, warned an accountant.

Mortgage Solutions | 15 Mar 2013
HM Revenue and Customs

HMRC to axe 281 tax enquiry centres

HM Revenue and Customs (HMRC) is to close its 281 tax enquiry centres in 2014 and pilot a new support service from June.

Mortgage Solutions | 15 Mar 2013
HM Revenue and Customs

HMRC to target tax avoidance on second home sales

HM Revenue & Customs is launching a campaign today targeting people who sold second homes without declaring any profits made to the taxman.

Mortgage Solutions | 05 Mar 2013
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Rental income tax probe hits law-abiding landlords

Landlords in the Bristol area have received letters from HM Revenue and Customs suggesting they have been avoiding tax – despite completing their self-assessment forms on time.

Mortgage Solutions | 14 Feb 2013
HM Revenue and Customs

Barrister guilty of tax £600k fraud spent money on luxury homes

A barrister who failed to pay more than £600,000 in value added tax (VAT) that he instead spent on luxury homes has been convicted for tax fraud.

Mortgage Solutions | 12 Feb 2013
HM Revenue and Customs

HMRC secures tax evasion guilty plea from ex-Honister IFA

A former Honister Partners adviser has pleaded guilty to evading tax in a case brought by Her Majesty's Revenue & Customs (HMRC).

Mortgage Solutions | 11 Feb 2013
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HMRC hires 100 more inspectors to deter rich tax dodgers

HM Revenue & Customs (HMRC) is to hire an additional 100 inspectors dedicated to making sure wealthy people pay enough tax.

Mortgage Solutions | 17 Jan 2013
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The mortgage stories you may have missed last week

In case you missed anything, this is our summary of the biggest stories and features to hit the headlines in the last 7 working days

Mortgage Solutions | 04 Jan 2013

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