Umbrella Union to be wound up after HMRC tax avoidance accusation Business A Liverpool-based contracting company accused of promoting tax avoidance is to be wound up after appointing liquidators, City AM can reveal. The firm, called, Umbrella Union, described itself as an “umbrella contracting company” which “can help you comply with financial regulations whilst remaining self employed.” In October last year, HMRC added the company to its [...]
Spring Statement 2025: Reeves clamping down on tax evasion Business The Chancellor plans to raise over £1bn in additional gross tax revenue, as her Spring Statement singled out tax evaders
Former SAS: Who Dares Wins star Ant Middleton banned after failing to pay £1m tax bill Business Former SAS: Who Dares Wins chief instructor Ant Middleton has been banned from being a director of a company after his business failed to pay more than £1m in tax. The television personality was the director of Sway and Starting Limited along with his wife, Emilie Middleton. The business, which was described as offering media [...]
HMRC probes into serious tax fraud and avoidance fall to lowest level in six years November 10, 2024 A number of tax experts told the FT staff retention and poor resourcing within HMRC was to blame for the drop off.
Britain missing out on billions of crypto tax revenue as HMRC fights back August 27, 2024 The UK could be missing out on billions in tax revenue from crypto investors that is currently going unreported. As Norwegian tax returns are public, recent research from Norway was able to find that 88 per cent of all Norwegian crypto investors fail to declare their holdings. While each tax-avoiding investor owed on average between [...]