United Kingdom
Best Practice | 1 Feb 18
Comedian tax avoider wants loopholes axed
English comedian Jimmy Carr, who was at the centre of a tax avoidance scheme that nearly ended his career, wants to scrap tax loopholes and send them to Room 101, the torture chamber from the dystopian novel Nineteen Eighty-Four.
Tax & Regulation | 1 Feb 18
UK quashes fears of public trust register
The UK Government has confirmed it is opposed to public access to its register of beneficial owners of trusts.
Best Practice | 1 Feb 18
‘Out of control’ HMRC over-taxes by half a billion
HM Revenue & Customs has handed back just under half a billion pounds to individual taxpayers since April 2015, which Royal London says shows the organisation is “out of control” when it comes to over-taxing people and then expecting them to claim it back.
EU ready to blacklist UK – report
The European Union is prepared to blacklist the UK if it uses tax competitiveness as leverage after Brexit, according to media reports.
Capita shares plummet 40% amid fears of second Carillion
Shares in Capita dropped sharply on Wednesday after the tormented outsourcing firm announced a rights issue and that it had suspended its dividend.