Secret HMRC team targets inheritance tax avoidance

HMRC is homing in on inheritance tax avoidance by wealthy families through the creation of a secret unit which will investigate the ways in which investment companies are used to reduce bills.

Published 24 February 2020

HMRC workers in Dundee 'betrayed' by Scottish Government over job losses

HMRC workers in Dundee have accused the Scottish Government of betraying them by failing to offer them "early access" to job vacancies with Social Security Scotland (SSS).

Published 21 February 2020

Pinsent Masons warns of corporate criminal risk as nine firms face investigation

Nine businesses are being probed by HMRC for potential breaches of the new corporate criminal offence of failing to prevent the facilitation of tax evasion, with 21 other potential cases under criminal review.

Published 12 February 2020

Scottish salmon exports soar to £600m

Scottish salmon exports have risen by 22% on the previous year to reach a record £618 million, according to the latest HMRC statistics.

Published 12 February 2020

Scotch Whisky exports surge amidst backdrop of tariff uncertainty

The Scotch Whisky Association (SWA) has revealed industry export figures for 2019, showing worldwide growth.

Published 12 February 2020

And finally... Excuse me

HMRC has highlighted ten of the weirdest excuses and expense claims it has received in the last decade.

Published 17 January 2020

HMRC to give billions back to freelancers

It is likely that the British Treasury will have to refund billions of pounds to freelance workers after it announced that it was minimising its crackdown on tax avoidance after it faced criticism in an official report.

Published 23 December 2019

UK-Japan trade hits record high in boost for Scottish firms

Scottish businesses are benefiting from record levels of trade with Japan, as UK exports totalled £14.8 billion in the year to September 2019, up by over 7.6% on the previous 12 months.

Published 23 December 2019

HMRC warns customers to be aware of self assessment tax scams

HM Revenue and Customs (HMRC) is warning millions of Self Assessment customers to be aware of fraudsters in the run-up to the 31 January deadline.

Published 20 November 2019

HMRC denies responsibility for Rangers insolvency

The chief executive of HM Revenue & Customs (HMRC) has publicly denied that it made any mistakes when pursuing repayments from Rangers FC for unpaid tax.

Published 18 November 2019

HMRC blamed for Rangers Football Club downfall

A multi-million-pound mistake made by HM Revenue & Customs (HMRC) is being blamed for the financial problems which caused the downfall of Rangers Football Club.

Published 14 November 2019

Airbnb UK threatened with legal proceedings by HMRC

Airbnb UK has received a warning from HM Revenue and Customs (HMRC) that legal proceedings could be initiated against the company over "tax laws or regulations impacting the company's business".

Published 23 October 2019

'Exiting from Private/Family Owned Business' seminar to be held this week

The Edinburgh Tax Network, the Institute of Chartered Accountants of Scotland, Chartered Institute of Taxation and Her Majesty's Revenue and Customs, with support from Terra Firma Chambers, will present a joint seminar and discussion on 24th October on the subject of ‘Exiting from Private/Family Owned Business’.

Published 22 October 2019

Scottish business claims for R&D tax relief increase

Statistics released yesterday by HMRC have revealed that Scotland has seen another rise in Research and Development (R&D) tax credit claims.

Published 11 October 2019

Simon Dingemans and Sir Jon Thompson join FRC as chair and chief executive

The Financial Reporting Council (FRC) has appointed Simon Dingemans and Sir Jon Thompson as its new chairperson and chief executive respectively.

Published 8 October 2019