CityWire: HM Revenue & Customs (HMRC) has referred 30% more individuals and businesses who it thinks have not paid all the taxes they owe, to its specialist unit for ‘serious defaulters’, signalling a toughening up of its approach to tax avoidance.
Full story: http://citywire.co.uk/new-model-adviser/news/hmrc-ramps-up-tax-avoidance-crackdown-programme/a816114?ref=new-model-adviser-latest-news-list