Tax Avoidance
Tax & Regulation | 8 Dec 16
HMRC targets 43 football players after £158m tax avoidance haul
HMRC is currently investigating 43 football players and 12 clubs over their use of offshore companies to avoid paying tax on money earned through image rights in the UK, with a senior official revealing the tax office has clawed back £158m ($199m, €186m) in the last two years.
Tax & Regulation | 7 Dec 16
HMRC tightens noose on advisers who enable tax avoidance
HMRC is to go ahead and issue hefty fines to financial advisers found guilty of helping their clients avoid tax, as it sets out clear guidelines on who exactly will be affected by the move.
Ronaldo and Mourinho embroiled in €185m Spanish tax avoidance
Football legends Cristiano Ronaldo and Jose Mourinho are accused of dodging millions of dollars of tax by channelling money to offshore tax havens, according to leaked documents obtained by a number of media outlets.
Tax & Regulation | 23 Nov 16
Nine key changes from the UK Autumn Statement
Chancellor Philip Hammond took to the despatch box for his first and final Autumn Statement on Wednesday. To the relief on many he resisted further tinkering of the pension system.
Tax & Regulation | 21 Nov 16
Film scheme investors to be hit by big tax bill, says HMRC
HM Revenue & Customs (HMRC) has told tax advisers that it will issue payment demands to investors in the Eclipse Film Partnership schemes at levels potentially 10 times higher than their original investment.