|
|
31 Jul 2012
PEOPLE WHO INFORMED HMRC of the activities of tax cheats received rewards totalling £1m since the recession started.
HM Revenue & Customs spent about £400,000 last year alone in what are known as ‘bounty payments' for anyone reporting tax evasion, according to figures obtained by the investigative website Exaro.
Further reading
Rewards are said to have risen by more than a fifth in comparison to the last financial year, with recipients taking between £50 and tens of thousands, based on the amount of tax recouped.
The Independent reports some £100,000 was paid to a Liechtenstein banker for handing HMRC a list of secret offshore accounts held by Britons in 2008.
You may also like
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment