HMRC
Tax & Regulation | 16 Feb 15
Tax evasion inquiries by foreign govts soar by 45%
Britain’s tax office has seen a surge in foreign governments making information requests about tax evasion over recent years.
Guernsey to enable transfers
Guernsey QROPS will benefit from full flexibility following a legislative change that will enable policyholders locked into schemes on the island to transfer funds into other jurisdictions.
Tax & Regulation | 13 Feb 15
UK to toughen tax evasion laws
The HSBC tax evasion scandal has put pressure on the UK government to introduce new legislation making it easier to prosecute people for hiding money in offshore bank accounts.
HMRC attacked over pathetic response to HSBC
The head of HM Revenue & Customs (HMRC) has come under fire for not taking action against UK citizens to prevent the HSBC tax evasion scandal.
HSBC hit by further tax avoidance revelations
Documents originally leaked in 2010 show how HSBC helped wealthy clients from around the world evade taxes via its Swiss private banking arm.