‘HMRC has not charged a single company under landmark legislation passed six years ago to crack down on corporate tax evasion.’
The Guardian, 20th January 2024
Source: www.theguardian.com
‘The First-tier Tax Tribunal has barred HM Revenue & Customs from taking any further part in proceedings against a taxpayer, Ebuyer (UK) Limited (Ebuyer), because of its failures to comply with directions – an “unless order” – issued by the tribunal.’
OUT-LAW.com, 25th July 2023
Source: www.pinsentmasons.com
‘The former owner of BHS has been convicted of evading tax on £2.2m of income he received from buying the failed high-street chain. Instead of paying the tax he knew he owed, Dominic Chappell, 53, spent a fortune on a luxury lifestyle that included a £90,000 yacht, a Bentley Continental car, a Bahamas holiday and some expensive Beretta guns, Southwark Crown Court heard.’
The Independent, 5th November 2020
Source: www.independent.co.uk
‘On the 8th of July 2020 the first reported arrest took place in the West Midlands of a 57-year-old man suspected of “furlough fraud”. The arrest and search of his property has been reported widely in the national media. It was reported that following arrest the man had his computers, digital devices and documents seized in relation to an alleged £495,000 fraud. His bank accounts have been frozen.’
33 Bedford Row, 27th July 2020
Source: www.33bedfordrow.co.uk
‘A High Court ruling refusing to set aside £4.3m judgment in default in a suppressed sales case shows the strength of the litigation funding model used by Manolete Partners, it has been argued.’
Litigation Futures, 5th December 2019
Source: www.litigationfutures.com
‘Byron James, Partner and Head of Expatriate Law in Dubai, explains the challenges presented to family lawyers by the effective method of anonymous international money transfer system used around the world.; why and what family practitioners should know about it.’
Family Law Week, 20th November 2019
Source: www.familylawweek.co.uk
‘The Court of Appeal decided in the Tooth case that finding a different reason for under assessment or a different mechanism for assessing an insufficiency of tax HMRC already knew about was not enough to enable HMRC to issue a discovery assessment.’
OUT-LAW.com, 21st June 2019
Source: www.pinsentmasons.com
‘A solicitor currently in jail for his part in a fraudulent tax evasion scheme has agreed to be struck off while insisting that he did nothing more than “major English law firms” do for international clients every day.’
Legal Futures, 1st March 2019
Source: www.legalfutures.co.uk
‘The Criminal Finance Act 2017 introduced two new offences: some eighteen months on I consider below how it is being used. The offences were first mooted after the panama papers scandal, prompted by the then Prime Minister’s involvement in it. Due to this the offences were considered to be largely politically motivated and the practicalities of using them were not really considered. In my view they will very rarely be used, if at all, but that does not mean that companies do not have to monitor the measures they have put in place to comply with the legislation. The majority of prosecutions are going to come from self disclosures or whistle blowers, if at all.’
Drystone Chambers, November 2018
Source: drystone.com
‘Taxpayers are being treated unfairly by HMRC, according to a new House of Lords report, which also warns that the government’s tax collection arm has become too powerful.’
The Independent, 4th December 2018
Source: www.independent.co.uk
‘As part of the numerous reforms that the Criminal Finance Act introduced, there were two new offences created in 2017. This article will discuss where we are now; over fourteen months after the offences were brought into force. The offences were introduced as a reaction (some might say knee-jerk reaction), to the Panama papers controversy; and as such, new offences of corporate facilitation of domestic tax evasion and failure to prevent facilitation of foreign tax evasion were included in the Act. The aim is to target the facilitators and enablers of tax evasion, although this does not seem to have been put into action.’
Drystone Chambers, July 2018
Source: drystone.com
‘Four men who set up a filming company to claim fraudulent tax rebates worth more than £2million from Her Majesty’s Revenue and Customs (HMRC) have been sentenced today (4 June).’
Crown Prosecution Service, 4th June 2018
Source: www.cps.gov.uk
‘The number of serious tax evasion cases identified by HM Revenue and Customs (HMRC) increased by over one fifth last year, as HMRC has begun to receive more information about taxpayers with offshore bank accounts.’
OUT-LAW.com, 30th May 2018
Source: www.out-law.com
‘The conviction of a company and the jailing of two former company directors for offences under the UK Bribery Act should serve as a warning to businesses over a new tax evasion corporate offence, according to a tax law expert.’
OUT-LAW.com, 27th April 2018
Source: www.out-law.com
‘The United Nations has been urged by the Tax Justice Network to coordinate a global effort to end offshore tax evasion and corruption, amid warnings that the UK is continuing to insulate its overseas territories from financial transparency.’
The Guardian, 30th January 2018
Source: www.theguardian.com
‘The Court of Appeal has rejected the arguments of a convicted VAT fraudster that her former solicitors pressured her to drop an appeal that included a claim that they represented her badly and helped land her in jail.’
Legal Futures, 19th December 2017
Source: www.legalfutures.co.uk
‘A bar and garage owner who fraudulently avoided more than £340,000 in tax and national insurance by failing to register the premises has been jailed for four years.’
Crown Prosecution Service, 4th December 2017
Source: www.cps.gov.uk
‘The UK and other EU governments are planning a crackdown on bitcoin amid growing concerns that the digital currency is being used for money laundering and tax evasion.’
The Guardian, 4th December 2017
Source: www.theguardian.com
‘With the tax affairs of so many VIPs once more in the headlines, Andrew Reid and James Hall consider what claims can be brought against the original advisers and what might be done to avoid that happening.’
Hardwicke Chambers, 10th November 2017
Source: www.hardwicke.co.uk
‘As recently reported in the Times on 14th September 2017 under the headline ‘Amazon in £1.5bn tax fraud row’, HMRC has claimed that Amazon and eBay (among others) have failed to co-operate in fully tackling a multi-billion pound fraud. The article comes after a series of hearings in front of the Parliamentary Public Accounts Committee (‘PAC’).’
Drystone Chambers, 9th October 2017
Source: drystone.com
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