Naming and shaming isn’t working

Naming and shaming isn’t working

There are different reasons for not paying due tax: from genuine mistakes to criminal fraud. At the more serious end of the scale is evading tax liabilities on purpose. Deliberately providing HMRC with inaccurate or false information. Deliberately failing to tell them...
A year of drift on offshore secrecy

A year of drift on offshore secrecy

Last week’s Budget underscored the government’s struggles to balance the books without raising taxes or cutting services. Yet one source of lost revenue – offshore tax evasion – remains persistently under-policed and under-discussed. It appeared...
Big fish, little fish…

Big fish, little fish…

The UK is in a fiscal tight spot. The Chancellor has promised to raise an additional £7.5 billion over the next four years by boosting HMRC compliance efforts. The Autumn Budget is likely to see more measures intended to make this number go up: perhaps extra...