Lionel Messi accused of using UK
Spanish prosecutors have alleged that Barcelona footballer Lionel Messi avoided paying £3m in tax through the use of UK firms.
Tax Avoidance
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HMRC claws back 135m from leaked list of HSBC
HM Revenue & Customs has recovered £135m from 24,000 clients named on a list of HSBCs Swiss private banking operation, which were revealed in a leak by a former employee.
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Nigel Green slams call to prosecute those
DeVeres chief executive Nigel Green has slammed calls for professionals, including financial advisers, to be prosecuted for advising on tax avoidance schemes.
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HMRC faces fresh criticism over conduct
HM Revenue & Customs has been accused of “railroading” taxpayers into making payments, in yet another scathing assessment of its approach to tax avoidance.
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starbucks to move its european and mea
Starbucks, which has been the focus of some criticism in the UK in recent years for not paying what some argued was its fair share of corporate tax thanks to its use of tax mitigation techniques is to move its European, Middle East and Africa head offices to London.
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uk to go ahead with beneficial owners
UK companies will have to list their “beneficial owners”, business secretary Vince Cable has said.
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ldf tax yield could be less than half
The revenue the UK Government will see in its coffers as a result of the Liechtenstein Disclosure Facility amnesty scheme "is likely to fall significantly short of its £3bn target", a UK law firm has predicted.
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warn clients in tax disputes to get ready to pay
Advisers whose clients are among the 65,000 individuals and businesses said to be under investigation for having used UK tax avoidance schemes, are being told that they should begin urging these clients to line up the cash necessary to pay the disputed amount by early autumn.
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australia launches tax amnesty
Australia today has unveiled a new tax "amnesty" programme aimed at encouraging tax evaders with undeclared offshore assets to come in from the cold, with just a “heavily reduced penalty” to pay.
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french ex minister accused of secret
A French former tax minister has been accused of maintaining a secret bank account in the Isle of Man.
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caymans financial services businesses weigh in
As the deadline for public comment passed last week on a proposal to implement a public registry of beneficial owners in the Cayman Islands, companies and organisations with a presence there weighed in on the matter with most expressing criticism of the plan.
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consultation closes today on hmrc plan
A consultation closes this evening on a plan that would enable HM Revenue & Customs to be able, in certain cases, to demand upfront payment of tax it claims it is owed, but which is in dispute.