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Initiatives announced in 2010 suggest an increasing willingness on the part of HMRC to use retrospective action to counter avoidance schemes, even when no warning has been given. [89] The UK Government has pushed the initiative led by the Organisation for Economic Co-operation and Development (OECD) on base erosion and profit shifting. [90]
In 2010 it was announced that Homer would replace Robert Devereux as Permanent Secretary of the Department for Transport (DfT). [2] [9] While serving in this role, the DfT oversaw with the controversial franchise letting process for the InterCity West Coast rail franchise that had to be cancelled after significant technical flaws were later discovered in awarding the franchise to FirstGroup. [10]
Until 2019, Customs Handling of Import & Export Freight (CHIEF) is the computer system of the United Kingdom's revenue and customs services, HMRC, used for managing the declaration and movement of goods into and out of the United Kingdom and allowing UK traders to communicate with counterpart customs systems in the other member states of the European Union.
HMRC is pursuing the football presenter for £4.9 million that it claimed should have been paid on income received between 2013 and 2018. HMRC ‘wanted’ tax avoidance law to apply in Gary ...
His Majesty's Revenue and Customs (commonly HM Revenue and Customs, or HMRC) [4] [5] is a non-ministerial department of the UK government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers.
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]
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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 ...