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.

13 August 2024

GREEN FINANCE: New report highlights innovative approach to finance for Commonwealth SIDS

Today, the Commonwealth Secretariat and Cambridge University’s Centre for Resilience and Sustainable Development (CRSD) unveiled the final report for “Their Future, Our Action and the COMPASS

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14 November 2024

CAREY OLSEN: Celebrating Nigel Carey’s 50 years in law

Press Release from Carey Olsen, Friday 15 November, 2024. Nigel Carey, a legal pioneer and cornerstone of Carey Olsen in Guernsey, celebrates 50 years of legal service this year. From 1977 to 2008,

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5 February 2024

AFRICA: Blockchain Association to unveil VASP bill to boost digital industry growth

The Blockchain Association of Kenya (BAK) is set to launch Kenya’s first-ever community-led Virtual Assets Service Provider (VASP) draft Bill for the country’s digital asset industry. The

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2 February 2024

CHINA: China Does It Again: Italian Tax Police Uncovers $2 Billion Money Laundering Operation

More of the same. In March 2023, “Bitter Winter” published the only detailed English-language account of the “Operation Belt and Road,” a large-scale investigation of the Italian Tax Police

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