Entries by Amit

HMRC’s Let Property Campaign Nears £550m

See Amit’s latest article, HMRC’s Let Property Campaign nears £550m, was published on 7th July 2026by AccountingWEB.co.uk. HMRC’s Let Property Campaign Nears £550m HMRC’s let property campaign has secured close to £550m from landlords. Amit Puri explains what the latest figures reveal about rental disclosure trends, penalties and related HMRC compliance activity. HMRC’s Let Property […]

Sanctionable Conduct for Tax Advisers

As of April 2026, HMRC have new powers to tackle Tax Advisers failing in their duties. The threshold for arguing misconduct is lower, yet penalties for failures are higher. HMRC can access tax advisers’ information, and publicly name and shame them.   What is new for Tax Advisers? HMRC has scrapped its Dishonest Conduct regime, […]

HMRC’s Customer Compliance Group Explained

Amit’s latest ‘in-brief’ article, HMRC’s Customer Compliance Group Explained was published online (4 March 2026) and in print (6 March 2026) print issue of the Tax Journal. What is HMRC’s Customer Compliance Group (HMRC CCG)? The Customer Compliance Group was established in the second half of 2016, after a major restructure to the previously known […]

HMRC’s cryptoassets disclosure nets just £4m

HMRC’s cryptoasset disclosure nets just £4m See our latest cryptoassets article for AccountingWEB.co.uk, thanks to Richard Hattersley. This is an update to our Crypto Tax Disclosures Oct 2025 article where we confirmed that HMRC had written out to over 100,000 people by 2024/25, to prompt voluntary crypto tax disclosures. Who has crypto tax to pay? […]

HMRC Performance Update (11/12/25)

HMRC Performance Update (2025/26 so far), 11 December 2025 HMRC released new performance data for the half-year passed since 1 April 2025 (2025-26). Originally written for EIN News: https://www.einpresswire.com/article/876808903/ex-tax-inspector-highlights-hmrc-s-performance-update-2025-26-so-far Overall, the compliance yield secured over the last two quarters was £15.15 billion. We’re mindful this is not anywhere near even half-way to the full year’s […]

AML failures are up by a ‘huge margin’

HMRC Has Penalised Even More Over AML Failures Pure Tax Investigations wrote for FT Adviser again, to highlight that AML failures identified by HMRC were up by a ‘huge margin’ as were the penalties/fines charged.    We analysed HMRC’s anti-money laundering penalties list, published on 10 July 2025. The list shows more than £5.15 million […]

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ICAEW Unhappy With HMRC’s Plan To Register and Monitor Tax Advisers

HMRC’s Plan To Register and Monitor Tax Advisers The draconian HMRC interaction register will drive many professional tax advisers out of the market and impose considerable extra costs on honest majority, warns ICAEW. There is major concern across the profession about the new HMRC interaction register, set to come into effect from April 2026. Government […]