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Propaganda poster issued by the British tax authorities to counter offshore tax evasion. HMRC, the UK tax collection agency, estimated that in the tax year 2016–17, pure tax evasion (i.e. not including things like hidden economy or criminal activity) cost the government £5.3 billion. This compared to a wider tax gap (the difference between ...
This is a list of judgments given by the Supreme Court of the United Kingdom between the court's inception on 1 October 2009 and the most recent judgments. Cases are listed in order of their neutral citation and where possible a link to the official text of the decision in PDF format has been provided.
K2 was an offshore wealth management scheme in which salaries of individuals in the United Kingdom were channelled through shell corporations in Jersey, Channel Islands.In June 2012, media reporting of people using K2 for the purposes of tax avoidance was followed by the United Kingdom's Prime Minister David Cameron characterising the scheme as "morally wrong". [1]
LONDON (Reuters) -Former Formula One supremo Bernie Ecclestone has been charged with fraud over a failure to declare more than 400 million pounds ($477 million) of overseas assets to the British ...
The Palace of Westminster, in which the Houses of Parliament are based This article lists the published allegations of expenses abuse made against specific members of the British Parliament in the course of the United Kingdom parliamentary expenses scandal. While the majority of these were first made public by The Daily Telegraph on or after 8 May 2009, a few cases had already come to public ...
On February 24, 2008, it became apparent that secret bank information had also been sold to the British tax authorities and that about 100 individuals in the UK are at risk for investigations for tax evasion. [24] The informant also provided the governments of Australia, Canada and France with data. [25]
Shakira is facing more tax trouble in Spain. According to The Associated Press, the 46-year-old pop star is being charged after prosecutors in Barcelona accused her of failing to pay $7.1 million ...
In October 2012, Starbucks faced criticism after a Reuters investigation found that the company reportedly paid only £8.6 million in corporation tax in the UK over 14 years, despite generating over £3 billion in sales—this included no tax payments on £1.3 billion of sales in the three years prior to 2012.