Pinsent Masons
HMRC sees fall in tax evasion info requests to
HM Revenue & Customs contacted foreign governments on 490 separate occasions in one year as it sought information on suspected tax evasion, a drop of 150 information requests compared to the previous year.
FCA ramps up inquiries by 20 per cent
The UK’s financial watchdog carried out 20% more investigations last year, however, the number of inquiries being closed without reaching a public outcome has doubled in three years.
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.
Tax & Regulation | 26 Jan 15
Tax crackdown sees 60% surge in revenue
HMRC’s clampdown on tax avoidance and evasion saw the amount collected from mass affluent taxpayers soar by £137M according to a report from Pinsent Masons.
HMRC recovers record 365bn in unpaid tax
HM Revenue & Customs has recovered a record amount of tax from big ticket avoidance, evasion, and fraud, up nearly a quarter on last year.