UK: HMRC to offer ‘life-changing’ cash rewards for employees who grass tax dodging bosses

HMRC to offer ‘life-changing’ cash rewards for employees who grass tax dodging bosses.

In an effort to cut the UK’s ‘tax gap’ by targeting large firms and wealthy individuals, HM Revenue and Customs (HMRC) has boosted the cash rewards available to Brits who report fraudsters. Chancellor Rachel Reeves officially announced the new scheme in last month’s spring statement, claiming it will help the government to recoup a share of the £7.5 billion lost each year to tax avoidance – which is legal – and evasion – which isn’t.

14 March 2024

SWITZERLAND: Switzerland to vote on taxing the rich to fund climate fight

Thanks to 109,988 signatures, Switzerland will vote through a referendum on the introduction of a 50% tax on inheritances above 50 million francs to allocate funds to protect the climate and finance

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20 May 2024

EU: EU outlines plans to make multinationals pay their share of tax

The European Commission outlined plans on Wednesday to limit how much multinational companies can reduce taxes on their European earnings through the use of creative accounting. The Commission, set

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20 January 2024

MALTA: Crypto exchange Binance’s Maltese tax arrears ‘covered by official secrecy’

The Maltese government refuses to publish information on the unpaid tax dues of Binance, the cryptocurrency exchange company whose founder pled guilty to violating anti-money laundering rules in the

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7 February 2025

CAREY OLSEN: Carey Olsen’s Alexa Saunders elected to The International Academy of Estate and Trust Law

Press Release from Carey Olsen, Friday 7 February, 2025. Carey Olsen partner Alexa Saunders has been elected to The International Academy of Estate and Trust Law (TIAETL), a highly selective group

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