Tax & Regulation
Tax & Regulation | 4 Jan 13
oldest swiss bank to close after 74m fine for
The oldest Swiss bank is to close, having been fined $74m by the US authorities, after pleading guilty to charges of assisting US citizens avoid paying tax.
Tax & Regulation | 3 Jan 13
uks top tax cheats photographed receive 155
Thirty two of the UK’s top tax cheats received a total of more than 150 years in jail last year, as HM Revenue & Customs continued its crackdown on tax evasion.
Tax & Regulation | 2 Jan 13
hmrc to investigate investors in manx tax
Two hundred wealthy investors accused of sheltering millions of pounds in an Isle of Man based tax avoidance scheme have been sent letters by HM Revenue & Customs warning them they are to be investigated, according to a recent article in the Financial Times.
Tax & Regulation | 2 Jan 13
cameron makes tax avoidance top priority
UK Prime Minister David Cameron has called on the leaders of the G8 group of the world’s wealthiest nations to take “bold steps” this year to drive growth in a time of “grave economic uncertainty”.
Tax & Regulation | 2 Jan 13
five questions for clients to ask advisers
The UK’s Financial Services Authority has produced a consumer guide to explain its far reaching Retail Distribution Review, which banned commission payments from providers to financial advisers from the end of 2012.