HMRC
Tax & Regulation | 25 Oct 12
tax avoidance probe being considered by uk mps
The House of Commons’ public accounts committee in the UK is considering an inquiry into international tax avoidance, according to a report in the Financial Times.
Tax & Regulation | 22 Oct 12
uk adviser jailed for vat fraud gambled proceeds
A UK-based financial adviser has been jailed for five years for helping a client commit a VAT fraud, the proceeds of which he then used to gamble in London casinos.
Tax & Technical | 22 Oct 12
working the tax system
Tax avoidance, or ‘abuse’ as the Treasury would see it, has long been a problem for HMRC. From next April new legislation, known as GAAR, could be in place to clamp down on perceived abusers. How will it affect you and your clients?
Tax & Regulation | 15 Oct 12
hmrcs foreign expat tax take increases
The tax-take from investigations into high income foreign workers has increased by 23% over the past two years, according to figures obtained by international law firm Pinsent Masons, indicating a heightened focus by HM Revenue & Customs on the financial affairs of those working in the City.
Tax & Regulation | 8 Oct 12
celebs used tax breaks from shipwreck salvage
Celebrities and some of Britain’s most senior businessmen invested more than £110m into marine treasure hunts, which allowed them to avoid tax on millions of pounds, according to The Times newspaper.