Tax Avoidance
Cycling superstar Bradley Wiggins named in charity tax scam
Tour de France champion Sir Bradley Wiggins has been named as an investor in a tax avoidance scheme that used a charity as a front in an attempt to deprive HM Treasury of more than £100m ($138m, €112m).
Incoming FCA chair admits using tax avoidance scheme
The next chair of the UK’s Financial Conduct Authority said he made an “error in judgement” when he used a tax avoidance film scheme promoted by Ingenious, a firm that has lost several court battles against HM Revenue & Customs.
UK offshore tax crackdown failing
A crackdown on offshore tax cheats will net the UK Government just £349m a year, a third of the nearly £1bn ($1.4bn, €1.1bn) that had been forecast.
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.
Rich get richer through tax avoidance, warns charity
Global leaders should do more to crack down on tax avoidance after figures revealed that global wealth rose $9.2trn (£6.6trn, €7.5trn) in the year to June 2017, with $7.6trn going to the top 1% who are not paying their fair share, Oxfam has said.