Business and Tax News - Accelerated Payments Notice

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March 21st 2019
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ACCELERATED PAYMENTS NOTICE - NEWS

Tax Avoidance Schemes Advance HMRC Two Billion Pounds

PERSONAL TAX

Tax Avoidance Schemes Advance HMRC Two Billion Pounds

New rules from 2014 allow Taxman to issue Accelerated Payment Notices to collect tax whilst disputed tax schemes are investigated.
HMRC rakes in cash from new powers to scrutinise tax schemes

PERSONAL TAX

HMRC rakes in cash from new powers to scrutinise tax schemes

32 million pounds taken so far from Accelerated Payment powers where tax avoidance schemes pay upfront
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