Pinsent Masons
FCA ramps up inquiries by 20 per cent
The UK’s financial watchdog carried out 20% more investigations last year, however, the number of inquiries being closed without reaching a public outcome has doubled in three years.
Tax & Regulation | 16 Feb 15
Tax evasion inquiries by foreign govts soar by 45%
Britain’s tax office has seen a surge in foreign governments making information requests about tax evasion over recent years.
Tax & Regulation | 26 Jan 15
Tax crackdown sees 60% surge in revenue
HMRC’s clampdown on tax avoidance and evasion saw the amount collected from mass affluent taxpayers soar by £137M according to a report from Pinsent Masons.
HMRC recovers record 365bn in unpaid tax
HM Revenue & Customs has recovered a record amount of tax from big ticket avoidance, evasion, and fraud, up nearly a quarter on last year.
HMRC to extract tax debt from wages
HM Revenue & Customs can now collect up to £17,000 a year in tax debts directly from the wage packets of high earners, following a largely overlooked constitutional change labelled staggering and regrettable by experts.