The Government has announced that they intend to raise £5 billion over the next five years, through a package of measures designed to tackle the tax gap – the difference of what should theoretically be paid in tax versus what HMRC actually collects.

Danielle Ford, Partner and Head of Tax Disputes, and Riocard Hoye, Senior Manager, have contributed to WealthBriefing on the increased efforts by HMRC to clamp down on offshore tax non-compliance.

Nudge letters are HMRC’s cost-effective way of communicating with many taxpayers who have been identified concerning a specific tax risk. The letters serve to notify taxpayers of their obligation to ensure their tax affairs are accurate and correct.

Welcome to our quarterly roundup of Tax Disputes & Resolutions news, updates and more, from July to September 2023.

Nudge letters represent HMRC’s ‘One to Many’ approach – a single communication which is sent to many taxpayers who have been identified concerning a specific tax risk. Nudge letters provide HMRC with a cost-effective way to communicate with many taxpayers.

Danielle Ford, Partner and Head of Tax Disputes & Resolutions, and Riocard Hoye, Senior Manager, have featured in City AM, discussing HMRC’s interest in crypto investments.

HMRC has significantly increased its compliance activity recently to replenish the coffers following difficult times during the pandemic. Here, we provide our insight into the key areas that HMRC is targeting and their methods of doing so.

In 2014, the Government introduced anti-avoidance provisions to combat the advantage of tax avoidance schemes. HMRC can give follower notices (FNs) and accelerated payment notices (APNs) or partner payment notices (PPNs) to taxpayers involved in tax avoidance schemes under the disclosure of tax avoidance schemes rules.