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Press and Media

Whistleblower fraud reports to HMRC surge 47% in the past year

Published on 13 Nov 2023. By Adam Craggs, Partner and Michelle Sloane, Partner

HMRC clamping down on COVID fraudsters Public anger at fraudsters fuels rise in whistleblowing

Press and Media

RPC launches free go-to platform and online community for accountants and tax advisers

Published on 31 May 2023. By Adam Craggs, Partner and Michelle Sloane, Partner

Tax Take + features guidance notes on tax-related topics, news, podcasts, webinars, vlogs and interactive chat for industry experts

Press and Media

RPC launches interactive Dawn Raid app with live 24/7 assistance

Published on 18 Apr 2023. By Adam Craggs, Partner

RPC Raid Response is a one-stop toolkit which enables you to navigate a raid by a regulator in real time

Press and Media

Gary Lineker HMRC decision 'illustrates complexities' of IR35 and employment tax

Published on 29 Mar 2023. By Adam Craggs, Partner

International law firm RPC says a successful HMRC appeal against the decision is 'unlikely'

Press and Media

UK Government’s plans to raise as much as £200m a year from seizing crypto assets at risk without proper investment

Published on 07 Dec 2022. By Adam Craggs, Partner

Plans by the UK Government to seize as much as £200m a year in crypto assets* will be difficult to implement without significant investment in resources to pursue such seizures, says international law firm RPC.

Press and Media

Amount seized in forfeiture orders jumps 77% to £191m in past year

Published on 21 Nov 2022. By Adam Craggs, Partner

The amount of money seized by UK law enforcement agencies, including His Majesty's Revenue and Customs (HMRC), the Serious Fraud Office (SFO) and the National Crime Agency (NCA), has jumped 77% from £108m to £191m in the last year*, says international law firm RPC.

Press and Media

HMRC must tackle tax credit fraud with 'robust measures to weed out abuse'

Published on 03 Nov 2022. By Adam Craggs, Partner

International law firm RPC warns 'huge scale' of erroneous claims could put off or delay those entitled to R&D relief

Press and Media

Number of arrests for Covid fraud made by HMRC surges almost 200%

Published on 14 Oct 2022. By Adam Craggs, Partner

HMRC is facing increasing pressure to identify and prosecute fraudsters People who know they have wrongfully applied for Covid support are running out of time to contact HMRC

Press and Media

The amount of tax HMRC believes High Net Worths owe on Stamp Duty jumps by a third in past year to £80m

Published on 18 Aug 2022. By Adam Craggs, Partner

Wealthy individuals also suspected of underpaying £48.3m in tax relating to trusts in the last year

Press and Media

Businesses face 'significant work ahead' to comply with FCA's new Consumer Duty

Published on 29 Jul 2022. By Whitney Simpson, Of Counsel

International law firm RPC says regulator has given companies 'little concession' on timeframe to implement change

Press and Media

FCA is 'sending clear message to firms involved in Europe's largest tax scandal' as it issues £2million fine against The TJM Partnership

Published on 20 Jul 2022. By Adam Craggs, Partner

International law firm RPC says repercussions from the Cum-Ex scandal, which started as long ago as 2001, continue amid warning to businesses over their compliance obligations

Press and Media

HMRC investigations into corporate tax evasion drop to lowest level in five years

Published on 18 Jul 2022. By Adam Craggs, Partner

• Regulator reveals there are just 7 live Corporate Criminal Offence (CCO) investigations • In 2021, there were 14 live CCO investigations • HMRC has not issued a single prosecution since CCOs were introduced in 2017 • Law firm RPC says Brexit, Covid and financial constraints have all impacted HMRC

Press and Media

Wealthy taxpayers warned as HMRC clamps down on unfiled tax returns

Published on 27 Jun 2022. By Adam Craggs, Partner

HMRC is clamping down on wealthy taxpayers who have failed to file a tax return – just days after new data revealed a national "tax gap" of £32billion over the last year, warns international law firm RPC.

Press and Media

Illicit funds confiscated by HMRC increase sevenfold to £39m

Published on 19 Apr 2022. By Adam Craggs, Partner

Account freezing and forfeiture orders being used against furlough fraudsters

Press and Media

HMRC crackdown aims to recover billions from covid support abusers

Published on 04 Feb 2022. By Michelle Sloane, Partner

The government is advancing a determined drive to investigate the massive level of suspected abuse and fraud relating to the Coronavirus support relief schemes, particularly the Coronavirus Job Retention Scheme (CJRS). Michelle Sloane of RPC and Michael Goodwin QC of Red Lion Chambers write

Press and Media

Rise in HMRC demands for information from professional services firms on suspected tax evading clients

Published on 25 Jan 2022. By Adam Craggs, Partner

• 6% increase bucks trend of reduced investigations during pandemic • Production orders compel professional advisers to hand over clients’ data to authorities

Press and Media

HMRC didn’t issue a single Accelerated Payment Notice last year

Published on 18 Dec 2021. By Adam Craggs, Partner

HMRC’s controversial Accelerated Payment Notice campaign may be waning, says RPC the international law firm.

Press and Media

HMRC paid £400,000 for information relating to tax fraud in past year

Published on 26 Nov 2021. By Adam Craggs, Partner and Michelle Sloane, Partner

Reports of Covid support scheme abuse increase.

Press and Media

Leak of Pandora Papers puts HMRC on high alert to investigate tax affairs

Published on 05 Oct 2021. By Michelle Sloane, Partner and Sam Tate, Partner and Adam Craggs, Partner

The Pandora Papers leak has put the HMRC on high alert to investigate tax affairs of those who have made use of offshore tax arrangements, says RPC, the international law firm.

Press and Media

HMRC confirms it is investigating 153 unregulated tax advisers and other intermediaries for allegedly helping clients evade tax

Published on 13 Sep 2021. By Adam Craggs, Partner and Michelle Sloane, Partner

HMRC has confirmed it is currently investigating 153 suspected ‘enablers of tax evasion’ including unregulated tax advisers says RPC, the international law firm.

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