The revelations that Ryanair pilots have become embroiled in tax avoidance schemes are just the latest in a long line of workers who signed up
Tax avoidance refers to using the tax regime in a particular country to lower the amount of tax an operation must pay. One example of tax avoidance may be the film industry where certain projects are carried out in different territories.
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Are you affected by IR35 tax legislation? If so it is important to know the rules. IR35 is a set of rules concerning tax and National Insurance contributions if you work through an intermediary via a contract.
With the accelerated payment scheme now brought in by HMRC this may be a good time for clients who have concealed income offshore or have been party to a tax avoidance scheme, to consider making a voluntary settlement.
At the moment those who fail to tell the taxman about inherited offshore assets are treated equally to those who fail to disclose domestic assets.
If you are looking to expand your business overseas or just need help understanding the complex tax arrangements that apply to foreign income e.g. remittance basis, then you have come to the right place.
EU leaders have been urged to help take action on extreme corporate tax avoidance schemes by large corporations at the latest EU summit.
UK tax evaders have been warned that there is a combined effort aimed at them and other industrialised nations who are part of the G7 group.
Whilst there are many more to choose from, these are some of the most high profile tax scandals we have seen and reflect a good range of circumstances, from crafty dealings and general negligence to pure criminal behaviour.
Following an exchange of emails I had last year with the Rt Hon Margaret Hodge MP on the issues addressed by the Public Accounts Committee of HMRC and multinational business tax avoidance, I was delighted to receive another email from the Public Accounts Committee.