Posts Tagged ‘accelerated’

Taxman seizes more than £2 billion from tax avoidance scheme users

Comments Off | 02-11-2016

New statistics reveal that HMRC has collected more than £2 billion in disputed tax from tax avoiders, under rules introduced by the government in 2014.
The new Accelerated Payments notices mean that users of tax avoidance schemes pay disputed tax up-front while their tax-affairs are investigated, instead of waiting until they are concluded. Given HMRC wins 80% of

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Tax avoidance demands top £250m

Comments Off | 10-26-2014

The Financial Secretary to the Treasury, David Gauke, today told MPsscrutinising the National Insurance Contributions Bill that over 600 Accelerated Payment notices had been sent since late August.
Despite recipients having 90 days to pay the tax demanded in the notices, avoidance scheme users have already begun to contact HMRC and to arrange to make payments, covering over

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UK company Chinook Sciences wins UAE deal with a total value of over £300 million

Comments Off | 05-25-2014

An estimated 850 UK jobs will be created or secured at Chinook Sciences and its UK supply chain by recent new orders, significantly accelerated by winning a major infrastructure deal from the UAE.
Trade Minister Lord Livingston made the announcement today (23 May 2014) on a visit to the company’s Nottingham headquarters.
The deal to build the world’s

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