HM Revenue and Customs (HMRC) has strengthened its efforts to oversee the tax affairs of overseas billionaires with holdings in the UK by assigning dedicated tax compliance managers to monitor them closely. These …
HM Revenue and Customs (HMRC) has confirmed that it will begin receiving data on cryptoasset holders from January 2027, as part of the UK’s implementation of the Cryptoasset Reporting Framework (CARF). This framework, …
HM Revenue and Customs (HMRC) has come under scrutiny following plans to introduce criminal offences related to tax declarations. The proposal, which would criminalise “recklessly making statements or declarations in tax …