tax

HSBC is closing accounts on Jersey belonging to customers living in the UK amid checks on their identity and addresses.

FATCA is tip of the iceberg for wealth firms

HSBC's senior executives have apologised to a committee of MPs for the failings in its Swiss private banking arm which meant clients avoided paying millions in tax.

HSBC's chairman has said the bank "deeply regrets" the "unacceptable" practices within its Swiss private bank which allowed clients to avoid tax, and plans to sell off parts of the business following disappointing 2014 results.

In the first of a series of articles on VCTs, Jack Rose, business development director for tax products at LGBR Capital, explores how VCTs work and what they can offer different types of investors

HSBC is facing investigations at home and abroad following allegations that it colluded with Swiss clients to help them dodge tax.

Banking giant HSBC helped wealthy clients dodge paying millions in tax to UK authorities, the BBC has reported.

Retired Premier League players are among more than 100 footballers who face financial ruin as a result of demands from HM Revenue and Customs (HMRC), but some stars have said the fault lies with their advisers.

HMRC's crackdown on tax avoidance and evasion by the "mass affluent" saw an income boost of 60% in the last year, a new report has claimed.

HMRC investigations have yielded a record £136m in extra capital gains tax (CGT) collected from individuals and small businesses in the last year, according to an accountancy firm.