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HMRC aims to recover £612 million in underpaid tax relating to R&D tax reliefs

According to accountancy and business advisory firm BDO LLP, Her Majesty’s Revenue and Customs (HMRC) has estimated that businesses have incorrectly claimed £612 million in relation to R&D tax reliefs*. The high level of tax under dispute – described by HMRC as ‘tax...
Posted On 08 Nov 2019
Neil Williams
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The Serious Fraud Office and Covert Surveillance: The Way Forward?

Speaking at the American Bar Association’s (ABA) Annual White Collar Crime Conference in central London earlier this month, Serious Fraud Office (SFO) director Lisa Osofsky again talked of using covert surveillance as part of her agency’s investigations. However, Neil...
Posted On 18 Oct 2019
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Mitie selected to provide technology-led nationwide security services for HMRC

Mitie has been chosen to provide technology-led security services to Her Majesty’s Revenue and Customs (HMRC). Covering a five-year period, the contract marks the first time that HMRC has combined all of its security services under one national provider. The move to a single...
Posted On 23 Sep 2019
Aziz Rahman
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Unexplained Wealth Orders: Will the trickle ever become a flood?

According to Donald Toon, the National Crime Agency’s (NCA) director of economic and cyber crime, unexplained wealth orders (UWOs) are the much-needed weapon for waging war on the flow of dirty money into the UK. With Toon’s organisation having just begun its second...
Posted On 11 Jun 2019
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New defensive controls prevent phone fraudsters spoofing HMRC numbers

New defensive controls deployed by Her Majesty’s Revenue and Customs (HMRC) have put an end to fraudsters spoofing the tax authority’s most recognisable helpline numbers. Fraudsters have increasingly mimicked legitimate HMRC Helpline numbers (often beginning with 0300) in a...
Posted On 06 Jun 2019
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BSIA Briefing

The security industry has come a long way from its historical roots and is now focusing heavily on new technology, updated skills, vetting and standards as well as changing perceptions of what the sector actually entails. Mike Reddington discusses the work of the British Security...
Posted On 05 Jun 2019
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Big Brother Watch hails ICO decision as HMRC forced to delete five million voice IDs

Her Majesty’s Revenue and Customs (HMRC) has been forced by the Information Commissioner’s Office (ICO) to delete the voice IDs for no less than five million taxpayers from its database, with civil liberties campaigner Big Brother Watch hailing the news a “massive...
Posted On 02 Jun 2019
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NCA secures Unexplained Wealth Orders for prime London property worth “tens of millions”

Three Unexplained Wealth Orders (UWOs) have been secured as part of a National Crime Agency (NCA) investigation into London property linked to a politically exposed individual believed to be involved in serious crime. The UWOs, which were obtained at the High Court last week, are...
Posted On 29 May 2019
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HMRC’s controversial data capture scheme facing backlash as thousands delete Voice IDs

Her Majesty’s Revenue and Customs’ (HMRC) controversial collection of millions of Voice IDs is facing a backlash as thousands of taxpayers are opting out and deleting their Voice IDs. Since a Big Brother Watch investigation last June revealed that HMRC had scooped up five...
Posted On 25 Jan 2019
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Home Secretary and Chancellor to chair Task Force aimed at tackling economic crime

Home Secretary Sajid Javid and Chancellor Philip Hammond are jointly chairing a new Government-led Task Force which will work with senior figures from the UK’s financial sector to tackle economic crime. The enormous scale of this type of crime – which includes fraud,...
Posted On 14 Jan 2019