KPMG receives complaints over Isle of Man controversy

Accounting Firms KPMG receives complaints over Isle of Man controversy

5y Fraser Simpson, Reporter

KPMG receives complaints over Isle of Man controve...

The Big Four firm's Canadian arm is accused of setting up offshore tax structures in the Isle of Man Read More...

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Taking Stock: VAT tribunal wraps up Chilango HMRC battle

Administration Taking Stock: VAT tribunal wraps up Chilango HMRC battle

5y Taking Stock

Taking Stock: VAT tribunal wraps up Chilango HMRC ...

Mexican takeaway chain Chilango has lost its £700,000-plus VAT refund battle with HMRC after the taxman secured victory in a first-tier tribunal Read ...

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Panama commits to share financial account information

Administration Panama commits to share financial account information

5y Richard Crump, Writer

Panama commits to share financial account informat...

Bahrain, Lebanon, Nauru, Panama and Vanuatu commit to share financial account information automatically with other countries Read More...

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Lycamobile structure too complex for KPMG auditors

Administration Lycamobile structure too complex for KPMG auditors

5y Calum Fuller, Reporter

Lycamobile structure too complex for KPMG auditors

KPMG auditors unable to account for £134m of Lycamobile's assets due to company's opaque structure Read More...

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£27m victory for HMRC in BoI phantom tax loophole case

Administration £27m victory for HMRC in BoI phantom tax loophole case

5y Fraser Simpson, Reporter

£27m victory for HMRC in BoI phantom tax loophole ...

Bank of Ireland subsidiary fails in its quest to avoid millions in tax Read More...

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HMRC production order demands cause headaches for practices

Accounting Firms HMRC production order demands cause headaches for practices

5y Fraser Simpson, Reporter

HMRC production order demands cause headaches for ...

Taxman issues nearly 1,500 production orders last year to crack down on financial crimes Read More...

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Stop shifting profits to tax havens, UN urges

Administration Stop shifting profits to tax havens, UN urges

5y Fraser Simpson, Reporter

Stop shifting profits to tax havens, UN urges

UN report shows increased channelling of company funds into offshore tax havens such as the Cayman and British Virgin islands Read More...

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Avoidance scheme crackdown sees HMRC net £494m

Administration Avoidance scheme crackdown sees HMRC net £494m

5y Fraser Simpson, Reporter

Avoidance scheme crackdown sees HMRC net £494m

Taxman’s Counter Avoidance Directorate behind the massive increase in revenue, law firm claims Read More...

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Taxman secures MSC tribunal victory

Administration Taxman secures MSC tribunal victory

5y Fraser Simpson, Reporter

Taxman secures MSC tribunal victory

HMRC protects nearly £400,000 in tax following first-tier tribunal win, and expects to claw back a further £9m Read More...

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Britons in risk of ‘Brexit tax’ if UK leaves EU, claims OECD

Administration Britons in risk of ‘Brexit tax’ if UK leaves EU, claims OECD

5y Fraser Simpson, Reporter

Britons in risk of ‘Brexit tax’ if UK leaves EU, c...

Brexit could hit UK GDP by as much as 3% by 2020, the international economic body has claimed Read More...

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Top ten firm pinches partner from EY

Administration Top ten firm pinches partner from EY

5y Fraser Simpson, Reporter

Top ten firm pinches partner from EY

Smith & Williamson announce appointment of former EY worker John Cooney as partner, ten years after leaving the firm Read More...

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‘Cause for serious concern’: Tyrie expresses Making Tax Digital fears

Administration ‘Cause for serious concern’: Tyrie expresses Making Tax Digital fears

5y Fraser Simpson, Reporter

‘Cause for serious concern’: Tyrie expresses Makin...

Treasury committee chairman believes that large businesses could be adversely hit by HMRC’s latest digital initiative Read More...

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Former PwC employees to stand trial over Luxleaks scandal

Accounting Firms Former PwC employees to stand trial over Luxleaks scandal

5y Fraser Simpson, Reporter

Former PwC employees to stand trial over Luxleaks ...

Two PwC whistleblowers and journalist to stand trial over alleged leaking of corporate tax documents Read More...

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Government pressure driving HMRC's scatter gun approach to criminal investigations

Administration Government pressure driving HMRC's scatter gun approach to criminal investigations

5y Accountancy Age, Reporters

Government pressure driving HMRC's scatter gun app...

Governmental pressure to crack down on tax evasion is resulting in HMRC applying its criminal investigation policy in an inconsistent manner, writes K...

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Tax transparency plans adopted across Europe

Administration Tax transparency plans adopted across Europe

6y Fraser Simpson, Reporter

Tax transparency plans adopted across Europe

UK-led beneficial ownership plans adopted in over 20 jurisdictions, including Gibraltar, Isle of Man and Montserrat Read More...

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Offshore clampdown continues as HMRC protects £365m

Administration Offshore clampdown continues as HMRC protects £365m

6y Fraser Simpson, Reporter

Offshore clampdown continues as HMRC protects £365...

First-tier tribunal rules against Clavis Liberty Fund, over the shadowy use of dividend funds Read More...

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HMRC blows away Project Zephyr avoidance scheme

Administration HMRC blows away Project Zephyr avoidance scheme

6y Fraser Simpson, Reporter

HMRC blows away Project Zephyr avoidance scheme

Taxman victorious in first-tier tribunal, puts a halt to €84m Fidex avoidance arrangement Read More...

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Bermuda falls in line with OECD tax reporting agreement

Administration Bermuda falls in line with OECD tax reporting agreement

6y Fraser Simpson, Reporter

Bermuda falls in line with OECD tax reporting agre...

British island territory agrees to sign OECD pact on tax co-operation, which has already been signed by 31 nations Read More...

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Tax vacancies increase following transparency pressures

Administration Tax vacancies increase following transparency pressures

6y Fraser Simpson, Reporter

Tax vacancies increase following transparency pres...

Tax vacancies rose by 11% in London and the south east during Q1 of 2016, compared to the same period last year. Read More...

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UK pressures OECD to tackle unhelpful tax jurisdictions

Administration UK pressures OECD to tackle unhelpful tax jurisdictions

6y Fraser Simpson, Reporter

UK pressures OECD to tackle unhelpful tax jurisdic...

Nations that defy international tax agreements should be listed and punished accordingly, Osborne suggests Read More...

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Five ways the European Commission can go further to combat tax avoision

Administration Five ways the European Commission can go further to combat tax avoision

6y Fraser Simpson, Reporter

Five ways the European Commission can go further t...

Tax experts suggest ways the European authority can build upon its country-by-country reporting announcement Read More...

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PAC slams ‘woefully inadequate’ HMRC on tax fraud crackdown

Administration PAC slams ‘woefully inadequate’ HMRC on tax fraud crackdown

6y Fraser Simpson, Reporter

PAC slams ‘woefully inadequate’ HMRC on tax fraud ...

Select committee says HMRC is making ‘limited progress’ in reducing tax fraud losses, claiming that the rich 'can get away with tax fraud' Read More...

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UK leads charge for action on beneficial ownership

Administration UK leads charge for action on beneficial ownership

6y Fraser Simpson, Reporter

UK leads charge for action on beneficial ownership

Osborne delivers ‘another hammer blow’ to offshore tax evasion by announcing data partnership with biggest European economies Read More...

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HMRC victorious in Supreme Court film tax battle

Administration HMRC victorious in Supreme Court film tax battle

6y Fraser Simpson, Reporter

HMRC victorious in Supreme Court film tax battle

Supreme Court rules in favour of taxman over long-running Eclipse 35 tax avoidance scheme Read More...

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New HMRC exec chair outlines priorities to PAC

Administration New HMRC exec chair outlines priorities to PAC

6y Fraser Simpson, Reporter

New HMRC exec chair outlines priorities to PAC

Taxman’s executive chair looks to ‘bear down’ on tax avoidance and evasion in published letter to Meg Hillier Read More...

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Eclipse film tax avoidance scheme takes appeal to Supreme Court

Administration Eclipse film tax avoidance scheme takes appeal to Supreme Court

6y Fraser Simpson, Reporter

Eclipse film tax avoidance scheme takes appeal to ...

The tax avoidance scheme involves high-profile individuals, including Sir Alex Ferguson Read More...

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Harrow accountant convicted of Gift Aid fraud

Administration Harrow accountant convicted of Gift Aid fraud

6y Richard Crump, Writer

Harrow accountant convicted of Gift Aid fraud

HMRC investigation finds Harrow accountant guilty of Gift Aid and VAT fraud Read More...

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