Undeclared Duty And VAT Assessments – What You Need to Do if you Receive a Penalty
If HMRC suspects that you or your company have failed to pay the amount of Duty or VAT required by law, or you have made errors on your returns, you may be issued with a fine known as a “wrongdoing penalty”. But what exactly is this penalty, and what reasons might HMRC give for handing you one?
What Would The Impact Of A No-Deal Brexit Be On Extradition Cases?
There is still a great deal of uncertainty surrounding the UK’s departure from the European Union. We continue to await clarity on a considerable number of details – not least any plans for the enforcement of international law following our yet-to-be-established departure date.
HMRC & Border Force Seized Goods – Your Questions Answered
On occasion, packages are seized by either HMRC or Border Force when being imported or exported across the UK border. This can occur for a variety of reasons, including:Read More
Brexit: Proposed Regulations Regarding Financial Crime
One of the many as-yet unanswered questions relating to the UK’s pending departure from the EU is “how will Brexit affect financial crime?”.
The international extradition of fraudulent and white-collar offenders between the UK and EU member states is currently managed through the execution of European Arrest Warrants. Read More
Disguised Remuneration – What Happens If You Don’t Pay The Loan Charge 2019?
Following a government crackdown on illegal Employee Benefit Trusts (EBTs) and wider Disguised Remuneration schemes, a deadline was drawn up whereby employees and contractors who had received funds via these methods could voluntarily settle any tax they owed as a result.
What is Director Disqualification? Definition, Your Rights & Effects
The Company Directors Disqualification Act 1986 states that an individual who, up until action is taken against them, was acting as a company director “shall not be a director of a company, act as receiver of a company’s property or in any way.