Showing posts with label Tax avoidance. Show all posts
Showing posts with label Tax avoidance. Show all posts

Monday, 9 February 2015

Interesting Comparison

Exhibit 1 from the Telegraph

How to Avoid Tax On Houses  (Apparently OK)

Exhibit 2 from the Telegraph (and elsewhere if you look around a bit)

PWC Industrial Scale Tax Avoidance (Apparently not OK)

I was going to make a comment, but really it all speaks for itself and I am lost for words.

Tuesday, 13 August 2013

HMRC intends to really get tough on 'aggressive' tax avoidance; and in particular with the 'cowboy advisers promoting these high-risk schemes'

and has launched a public consultation on the subject, asking "can we have the unreserved power to 'name and shame' them ?"

One proposal for tackling the behaviour of high-risk promoters is to ‘name and shame’ them. HMRC does not currently have the power to name promoters of avoidance schemes whose behaviour is high-risk; Raising the stakes on tax avoidance consultation looks to give HMRC the power to do so unreservedly.

Naming high-risk promoters will publicly identify them, distinguish them from mainstream tax advisers and make sure that their customers know who they are dealing with.