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.
A minimum tax on billionaires is likely to gain wider traction among the G20 group of the world’s largest economies as they get clarity on the proposal, French economist Gabriel Zucman of the independent
The Post Office could be facing a £100 million bill and insolvency after claiming tax relief for its compensation payments to subpostmasters, according to a tax expert.Dan Neidle, the head of non-profit
Press Release from: Carey Olsen, Friday 2 February, 2024. Carey Olsen has been shortlisted for Offshore Law Firm of the Year at The Asia Legal Awards 2024, hosted by Law.com International. Now in
On an early Thursday chilly morning in Baku, Azerbaijan, a day before the end of COP29, the annual UN-backed global climate summit, negotiators presented a revised draft of the new global climate finance