Tax & Technical
‘Unlimited fines’ on the way for offshore tax evaders
Prison sentences and “unlimited fines” are two draconian penalties HM Revenue & Customs (HMRC) will have at its disposal from next week for UK taxpayers who evaded tax through offshore means in tax year 2017/18.
EU targets US for tax haven blacklist
A “fast-tracked” OECD review could decide if the European Union adds the United States to its blacklist for non-cooperative tax jurisdictions, according to media reports.
FCA keeps ‘unsuitable’ DB transfer assumption
The Financial Conduct Authority (FCA) has backtracked on a proposal to change its position that an adviser should assume that a Defined Benefit (DB) pension transfer is “unsuitable” for a client.
Tax & Technical | 26 Mar 18
Adviser rapped for misleading tax scheme ad
A financial adviser who ran adverts for a scheme promising to avoid at least 60% of a stamp duty bill, has been slammed for being misleading.
Tax & Technical | 23 Mar 18
Contractor pay needs rethink – tax expert
A tax expert has called for UK legislation which has triggered a freelance pay scandal at the BBC, to be overhauled.