The House of Commons Public Accounts Committee — which scrutinises the value for money, efficiency and effectiveness of government spending — has slammed as “woefully inadequate” the number of prosecutions for offshore tax evasion by HM Revenue and Customs.
George Osborne’s announcement on non-dom tax status is already being cast as the equivalent of Labour’s proposition from the general election (yeah, the one that was billed as “cataclysmic” by the Tory press).
Releasing a graphic referencing the (false) claims that Ed Miliband colluded to avoid inheritance tax on his father’s estate, the Kippers have decided to claim they have a “zero tolerance” stance on tax avoidance: “UKIP has a zero tolerance approach to tax avoidance, no matter how important you think you are. Perhaps someone should let their party […]
A Conservative MP has retreated from a pledge to return £5,000 from a tax-evading donor — after Tory colleagues refused to hand back £20,000 from the same man and another involved in the scheme. Charlotte Leslie leads The Times’ special election section with a glowing article on her rejecting cash from Hugh Sloane, whose company Sloane Robinson Investment Services was ordered to […]
So no sign of George Osborne then. George Osborne's been so invisible since the tax avoidance story broke I'm beginning to worry HSBC have hidden him in a tax haven. — David Schneider (@davidschneider) February 16, 2015 Perhaps this performance on the Daily Politics is the reason for his low profile: Gideon advises a caller to […]
Iain Duncan Smith has slammed Ed Balls for suggesting tradesmen should supply a receipt when accepting cash payments: “Here we have a man that would be the Chancellor who is wandering around saying Big Brother is going to watch you carefully that if you do any tax transactions and don’t keep receipts, somehow they’re going to […]
The Tories’ line on the massive tax avoidance facilitated by HSBC is unravelling rapidly. Yesterday Treasury financial secretary David Gauke told the Commons: “This information about HSBC has been in the public domain since 2007—that is when the leaks occurred. The whole story may have come as a surprise to the hon. Lady, but it […]
The sound of a barrel being scraped emanated from The Sun newsroom last night. Having ordered hacks to rake through Russell Brand’s finances, the best they could come up with (£) was the fact that his landlord — not Brand — avoids tax. Perhaps they should have looked at their own arrangements. In September, Sun publisher News UK moved […]
One of the Conservative Party’s top fundraiser can be linked to a group of controversial tax schemes which have seen some investors — such as footballer Michael Owen — forced to repay millions of pounds to HMRC. Formerly Britain’s leading tobacco lobbyist, Tim Lord is now an officer of the United and Cecil Club — a highly secretive organisation bankrolled by anonymous […]
Geoffrey Cox invested in scheme under investigation by HMRC Part time MP also moonlights as £600-per-hour QC Clients include legal firms specialising in tax for rich clients A Tory MP has claimed he is “not going to comment on his private tax affairs” after being caught using an alleged tax avoidance scheme. HMRC is ordering Geoffrey Cox to cough […]