HMRC

The government has launched an advertising campaign targeting taxpayers with money hidden in offshore accounts.

LEADER

Stephen Mohan, head of UK & Ireland at Allfunds Bank, has reignited conversations with fund managers and clients about ‘0%' share classes, amid potential changes to VAT rules.

HM Revenue and Customers has issued a warning to taxpayers not to be caught out by email phishing scams offering tax rebates in return for bank account or credit card details.

Platform fees will remain VAT exempt, according to guidance released by HM Revenue and Customs.

ENTERPRISE INVESTMENT SCHEMES

AIM

A crackdown on employers that set up offshore trusts for top earners has started to pay off, helping HM Revenue & Customs (HMRC) more than double its takings from investigations into big companies' payroll tax avoidance last year.

REVIEW OF THE YEAR

An offshore tax avoidance scheme used by Aberdeen Asset Management to pay its employees tax-free bonuses has been closed by Scotland's most senior court.