Tax body chides UK Gov’t plan to jail accidental evaders
The UK Government’s pledge to introduce a criminal offence that could put unintentional offshore tax evaders behind bars has been criticised by the Chartered Institute of Taxation (CIOT).
The UK Government’s pledge to introduce a criminal offence that could put unintentional offshore tax evaders behind bars has been criticised by the Chartered Institute of Taxation (CIOT).
The UK government’s plans for a new law to make offshore tax evasion a criminal offence must include a requirement that prosecutors prove criminal intent, according to the Chartered Institute of Taxation (CIOT).
A high profile member of the professional British expatriate community in Hong Kong has been expelled from the Chartered Institute of Taxation (CIOT) for dishonesty.
Tax experts say advisers of UK taxpayers who own offshore property should take note of HM Revenue & Customs latest tax crackdown announcement, which promises to target, initially, wealthy tax cheats who avoid paying tax on gains from their foreign property holdings.