How should HMRC treat the victims of tax fraud?

How should HMRC treat the victims of tax fraud?

What should be the tax liability of people who are the victims of fraud? That is the important question raised by the case of Mike Grogan, reported in The Times last weekend. Mr Grogan is one of a number of victims of tax advisor fraud, where scam tax advisors make...
Budget 2021 – Four tax takeaways

Budget 2021 – Four tax takeaways

On Wednesday 27 October, the Chancellor Rishi Sunak unveiled his Autumn Budget 2021. This budget was billed as one looking ahead to the “post-Covid” era, with a lot of focus on growth and the economic outlet. Numerous news outlets have covered the major stories coming...
Video Games Tax Relief – 2021 Update

Video Games Tax Relief – 2021 Update

Key facts and figures: £180m paid out in VGTR last year 48% increase in VGTR on the previous year 55 claims for over £500,000 represent 87% of the total value of payments Video Games Tax Relief (VGTR), a form of subsidy to the UK videogames industry, has seen a 48%...