Goodbye tax returns, hello digital accounts

In an effort to streamline and simplify the administration of the Self Assessment tax system HMRC is planning to open digital accounts for fifty million taxpayers by 2020. When completed, these taxpayers will no longer be required to submit Self Assessment tax returns to HMRC. Instead, HMRC will gather information from employers, pension providers, banks […]

HMRC campaign targets offshore account holders in fresh clamp-down on tax evasion

Chancellor George Osborne launches the campaign as G20 ministers agree next steps in global fight against tax avoidance and evasion. As G20 ministers welcome a new global standard to automatic tax information exchange and call on the governments of financial centres to sign up to new international tax information sharing agreements, the Chancellor of the […]