HM Revenue & Customs and the UK’s National Crime Agency will work with investigators, compliance specialists, the Serious Fraud Office and the Financial Conduct Authority (FCA) to deal with the fallout of the Panama Papers.
Around 11.5 million leaked documents from a Panama-based law firm have exposed the offshore holdings of politicians, sports stars and public officials around the world.
Members of International Adviser’s Tax & Technical Panel give their views and insights on chancellor George Osborne’s latest budget announcement.
HM Revenue & Customs (HMRC) has shut down a major tax avoidance scheme used by bankers at UBS and Deutsche Bank to avoid paying around £135m in tax.
The EU and Monaco have signed a new agreement which ensures member states will receive the names, addresses, tax identification numbers, and dates of birth of any of their residents with accounts in the principality from 2018.
HM Revenue & Customs has collected more than £2bn ($2.9bn, €2.6bn) in disputed tax from would-be avoiders since it brought in its Accelerated Payments notices in 2014.
A documentary programme on Britain’s Channel 4 to be aired on Monday (8 February) will see actor Greg Wise pose as a client while two financials advisers offer to help him exploit HMRC’s tax loopholes.
Crowdfunded claims management company Rebus, which specialised in pursuing companies for mis-selling investments later deemed to be tax-avoidance schemes, has entered administration.
There will be no end to the inequality crisis until world leaders end the era of tax havens, once and for all, according to a report from charity Oxfam.
An accountant and an independent financial adviser have been jailed in the UK following their conviction for attempting to steal millions in a tax fraud linked to the film industry.
An IFA and an accountant have been convicted of attempting to steal millions in a tax fraud linked to the film industry.
Several former England cricket captains have been caught up investing in disputed film schemes that have also seen many high-profile footballers lose millions.
