HMRC offshore tax pot sky-rocketed 72% in two years
Elite unit sifting through bank account records from Channel Islands, Bermuda and BVI – among others
Elite unit sifting through bank account records from Channel Islands, Bermuda and BVI – among others
A freedom of information request revealed the taxman doesn’t keep track
While you could take advantage of a tax loophole, the losses could be bigger than gains
Creation of the Fraud Investigation Service boosted money retrieval
Change will come in force in April 2020, while current rules allow 22 months
After tribunal ruled the UK taxman can demand information from non-residents
Judgement has ‘widespread consequences’ for financial planners
Scams mimic HMRC’s helpline numbers to steal money from taxpayers
It is marketed as a wealth management strategy that disguises taxable income
They were selling puppies ‘on a mass scale’ on the black market
Taxman demanded over £300,000 to cover nearly 20 years of missed payments
There’s been a nearly 50% increase between February and March 2019