HMRC shutters one dedicated tax avoidance investigation unit
It had been tasked with assessing family investment companies
It had been tasked with assessing family investment companies
‘International data sharing and anti-money laundering regulations are only likely to get tighter’
It is a ‘significant opportunity’ for investors who may pay HMRC ‘less than they strictly owe’
Countries have shared details of offshore assets worth €10trn
UK taxman is using ‘all of its power’ to target promoters
Sanctions include having paid advertising removed from search engines and follow-up compliance action
It is supposed to act as a deterrent, but one tax expert says there are quite a few get-out-clauses
People will only have one month to pay even if they appeal the fine
Stop notices to be issued more quickly in a bid to shut down schemes sooner
It blames evaders, but businesses and individuals responsible for most of the missing cash
Would be ‘perverse’ for HMRC to ‘attack’ upstanding citizens but leave law breakers ‘unchallenged’
More than 40% are resident in the Channel Islands, a freedom of information request reveals