BIG FOUR FIRMS have been criticised for operating an average 20 offices each in tax havens, according to research.
The Financial Mail found that the four firms operate 81 offices in offshore tax havens.
MP Chuka Ummuna, who sits on the Treasury Select Committee, said that there was an industry “dedicated to helping people avoid tax that will increasingly come under the microscope”.
KPMG said it operated in the locations “to serve our clients”.
Deloitte said its offices in Jersey, Guernsey and the Isle of Man offered services “broadly similar” to that of mainland UK.
E&Y said it had “rigorous procedures” in place to act for clients who are honest and “operate within the law”.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
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