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Whistleblower fraud reports to HMRC surge 47% in the past year
HMRC clamping down on COVID fraudsters Public anger at fraudsters fuels rise in whistleblowing
Read moreHMRC paid over £500,000 to whistleblowers in the past year
Figure has increased, but is just 1.7% of that paid to informants by the IRS in the US HMRC needs to make reporting system more accessible and payments more transparent to encourage more informants against tax fraudsters
Read moreRPC launches free go-to platform and online community for accountants and tax advisers
Tax Take + features guidance notes on tax-related topics, news, podcasts, webinars, vlogs and interactive chat for industry experts
Read moreRPC launches interactive Dawn Raid app with live 24/7 assistance
RPC Raid Response is a one-stop toolkit which enables you to navigate a raid by a regulator in real time
Read moreGary Lineker HMRC decision 'illustrates complexities' of IR35 and employment tax
International law firm RPC says a successful HMRC appeal against the decision is 'unlikely'
Read moreUK Government’s plans to raise as much as £200m a year from seizing crypto assets at risk without proper investment
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.
Read moreAmount seized in forfeiture orders jumps 77% to £191m in past year
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.
Read moreHMRC must tackle tax credit fraud with 'robust measures to weed out abuse'
International law firm RPC warns 'huge scale' of erroneous claims could put off or delay those entitled to R&D relief
Read moreRPC scores top rankings in Chambers UK 2023
RPC has achieved top ranking in nine practice areas in Chambers UK 2023.
Read moreNumber of arrests for Covid fraud made by HMRC surges almost 200%
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
Read moreSix-cess! RPC recognised as top-tier firm across six areas in The Legal 500 UK 2023
The 2023 edition of the Legal 500 UK rankings has been released and we are delighted with the latest results.
Read moreThe amount of tax HMRC believes High Net Worths owe on Stamp Duty jumps by a third in past year to £80m
Wealthy individuals also suspected of underpaying £48.3m in tax relating to trusts in the last year
Read moreBusinesses face 'significant work ahead' to comply with FCA's new Consumer Duty
International law firm RPC says regulator has given companies 'little concession' on timeframe to implement change
Read moreFCA is 'sending clear message to firms involved in Europe's largest tax scandal' as it issues £2million fine against The TJM Partnership
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
Read moreHMRC investigations into corporate tax evasion drop to lowest level in five years
• 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
Read moreWealthy taxpayers warned as HMRC clamps down on unfiled tax returns
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.
Read moreIllicit funds confiscated by HMRC increase sevenfold to £39m
Account freezing and forfeiture orders being used against furlough fraudsters
Read moreHMRC crackdown aims to recover billions from covid support abusers
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
Read moreRise in HMRC demands for information from professional services firms on suspected tax evading clients
• 6% increase bucks trend of reduced investigations during pandemic • Production orders compel professional advisers to hand over clients’ data to authorities
Read moreHMRC didn’t issue a single Accelerated Payment Notice last year
HMRC’s controversial Accelerated Payment Notice campaign may be waning, says RPC the international law firm.
Read moreHMRC paid £400,000 for information relating to tax fraud in past year
Reports of Covid support scheme abuse increase.
Read moreLeak of Pandora Papers puts HMRC on high alert to investigate tax affairs
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.
Read moreHMRC confirms it is investigating 153 unregulated tax advisers and other intermediaries for allegedly helping clients evade tax
HMRC has confirmed it is currently investigating 153 suspected ‘enablers of tax evasion’ including unregulated tax advisers says RPC, the international law firm.
Read moreInternational law firm RPC hosts five female voices in its special edition of Taxing Matters podcast in recognition of International Women’s Day 2021
To celebrate International Women's Day on 8th March, international law firm RPC has recorded a special edition of its Taxing Matters podcast. The episode is available on Spotify & Apple Podcasts.
Read moreArrests made by HMRC fall to five-year low
The number of arrests of taxpayers made by HMRC for suspected tax evasion has fallen to a five-year low of just 782 in the last year*, says RPC, the City-headquartered law firm.
Read moreHMRC paid informants over £343,000 for intelligence on tax evasion in the last year
HMRC paid informants more than £343,000 in 2017/18 for providing information on potential tax evasion as HMRC goes to increasingly extreme lengths to bolster its investigations.
Read more19% jump in HMRC demands to accountants and other professional advisers for confidential information on clients suspected of tax crimes
There was a 19% increase in the number of HMRC requests to professional services firms for confidential information on clients it wants to investigate for suspected tax crimes.
Read moreThe number of controversial Accelerated Payment Notices HMRC admits it issued in error hits 6,000
In total, HMRC has issued more than 79,000 APNs since their introduction in August 2014. Adam Craggs, Partner at RPC, says such high numbers of APNs being withdrawn raises questions over whether HMRC is exercising this draconian power with sufficient care.
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