The government in its latest move on hunting for offshore tax evading companies have intensified its effort in bringing the culprits to book.. The unit dedicated for this endeavour is the Offshore Co-ordination Unit of HMRC. Its duty is to scrutinise extra information of UK taxpayers with money abroad.
According to the reports coming out from HMRC, HMRC has more Self Assessment statements than usual to issue this year. Bearing in mind that these self assessment tax return forms are issued in July, this year HMRC has taken steps to issue some in August as well. If you are yet to receive your tax […]
Yesterday’s budget delivered by George Osborne’s budget will best be judged by how the economy performs in the coming quarters. Faced with a daunting fiscal challenge, the UK Chancellor has turned his attention to the factors that will shape the growth of the economy in the future. His main emphasis for growth is through retaining […]