‘The City regulator has widened its inquiries into potential links between UK financial firms and the law company at the centre of the Panama Papers revelations, it said on Tuesday.’
The Guardian, 26th April 2016
Source: www.guardian.co.uk
‘HMRC investigated just 35 wealthy people for tax evasion last year, prompting a committee of MPs to warn the level of action is “woefully inadequate” in the wake of the Panama Papers tax avoidance scandal.’
Daily Telegraph, 15th April 2016
Source: www.telegraph.co.uk
‘Most of us have little choice about how we pay our tax. It simply comes out of our pay packets.
We don’t have a choice to evade or avoid tax even if we wanted to. Or do we?’
Full story
The Independent, 13th April 2016
Source: www.independent.co.uk
‘The UK government is to speed up its planned introduction of a new criminal offence for businesses that fail to stop their representatives from facilitating tax evasion following the so-called ‘Panama Papers’ leak, the prime minister has announced.’
OUT-LAW.com, 12th April 2016
Source: www.out-law.com
‘Inheritance tax is a losing issue for the left and the right, despite raising a mere quarter of 1 per cent of GDP.’
The Independent, 11th April 2016
Source: www.independent.co.uk
‘The UK crime agency is demanding quicker access to the corporate records of secretive offshore companies in Britain’s overseas territories including the British Virgin Islands, Bermuda and the Cayman Islands.’
The Guardian, 10th April 2016
Source: www.guardian.co.uk
‘Businessman Mohammed Suleman Khan – who built mansion in native Pakistan with UK taxpayers’ money – faces further 10 years in prison if he fails to hand over cash .’
Daily Telegraph, 14th April 2015
Source: www.telegraph.co.uk
‘Banks and accountants that aid tax evasion will face criminal penalties under plans unveiled by the government. A new offence of corporate failure to prevent evasion is being created to address those who assist dodging. Such offenders could also be “named and shamed” alongside the evaders themselves.’
The Guardian, 19th March 2015
Source: www.guardian.co.uk
‘Companies that fail to prevent tax evasion could face penalties as part of plans announced by Danny Alexander.’
BBC News, 22nd February 2015
Source: www.bbc.co.uk
‘HSBC’s Swiss arm is potentially open to a range of criminal charges in Britain because there is “credible evidence” that it has had a role in enabling tax evasion, according to a former director of public prosecutions.’
The Guardian, 22nd February 2015
Source: www.guardian.co.uk
‘HMRC failed to prosecute a British property mogul who did not submit returns or pay any tax for 20 years, it was claimed last night.’
The Independent, 14th February 2015
Source: www.independent.co.uk
‘Criminal prosecution for tax evasion should become the default position of the tax authorities, Keir Starmer, the former director of public prosecutions, has said, as HM Revenue and Customs came under further scrutiny over whether it responded to an email from a French whistleblower setting out details of the scale of tax evasion by HSBC.’
Full story
The Guardian, 13th February 2015
Source: www.guardian.co.uk
‘The Football League finally got their man. But is it too late? Will Massimo Cellino and Leeds United yet sail off into the clear blue sea?’
Sports Law Bulletin from Blackstone Chambers, 3rd December 2014
Source: www.sportslawbulletin.org
‘HMRC’s controversial tactic of publishing a list of tax dodgers’ details has outed 77 individuals and businesses this year. How exactly did they make the list?’
Daily Telegraph, 24th November 2014
Source: www.telegraph.co.uk
‘A Maserati-driving doctor who lied about his salary to dodge paying £185,000 in tax and live a luxury lifestyle has been jailed for 18 months. Dr Michael Summer, 46, earned more than £750,000 yet paid tax and national insurance on only half that amount.’
Daily Telegraph, 13th November 2014
Source: www.telegraph.co.uk
‘John Woolfenden was sentenced yesterday at Bolton Crown Court to two years imprisonment for two counts of cheating the public revenue and one count of concealing or transferring criminal property. Woolfenden evaded paying £299,752.93 in revenue whilst trading on eBay over a period of six years and pleaded guilty to the charges.’
Crown Prosecution Service, 3rd September 2014
Source: www.cps.gov.uk
‘A farmer described as the leader of a gang that organised and ran a “sophisticated” fuel and VAT tax fraud has been jailed.’
BBC News, 12th July 2014
Source: www.bbc.co.uk
‘It would be disproportionate to introduce automatic unlimited fines and prison sentences for UK taxpayers with offshore assets on which they have not paid the correct taxes, as trailed by the Chancellor of the Exchequer at the weekend, an expert has said.’
OUT-LAW.com, 14th April 2014
Source: www.out-law.com
‘The director of public prosecutions for England and Wales has unveiled a new drive to clamp down on criminals hiding their assets abroad.’
BBC News, 24th February 2014
Source: www.bbc.co.uk
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