Broken offshore promises undermine the UK’s tax system

Broken offshore promises undermine the UK’s tax system

After years of attempts at reform, offshore havens still offer secrecy for those determined to hide money and evade tax. In a week when five of the UK’s Overseas Territories have ignored yet another deadline for functioning ‘beneficial ownership’...
“With hindsight, the wrong way to do it”

“With hindsight, the wrong way to do it”

Previously we found that HMRC is hardly using powers to investigate, penalise and publicise tax advisers who enable tax abuse. Here we look at why these powers aren’t being used: a barrage of legal roadblocks; and holding back on naming and shaming. *** When tax...
TaxWatch give evidence at Treasury Select Committee

TaxWatch give evidence at Treasury Select Committee

TaxWatch Acting Director Alex Dunnagan gave evidence to the Treasury Select Committee (TSC) on Monday 19th December highlighting the abuse of tax reliefs. Written evidence In November we submitted written evidence to the TSC for their inquiry on tax reliefs, focussing...