As Bloomberg reports: Liechtenstein Prime Minister Klaus Tschuetscher said the principality will seek a withholding tax on undeclared German assets in its banks along the
Read the full article…
The UK signs its pernicious Swiss tax deal
From the Treasure Islands blog: a short article as an immediate reaction to the UK-Swiss tax deal. A much longer article, complementing this, will be posted
Read the full article…
London is the consolidated #1 secrecy jurisdiction in the world
London features heavily in the Tax Justice Network’s new Financial Secrecy Index. Whilst the UK comes in at number 13 places for which the UK is wholly responsible
Read the full article…
Tax farming on its way back? The privatisation of HMRC is just around the corner
The tax gap has been a big issue over the last few years. From being virtually unrecognised at the time I wrote The Missing Billions
Read the full article…
HMRC and the tax gap: their data just does not stack at all (wonkish, but worth reading)
I thought it would be useful to highlight the incredibly small sample base of HMRC’s tax gap data for direct taxes, published this weak. As I have explained at length here,
Read the full article…
I should be careful what I ask for: sometimes HMRC act on it
A few months ago people asked me for examples of people who might be moonlighting. One of the examples I gave was private turos – cramming children to get their GCSEs.
Read the full article…
The tax gap will increase by not less than £3.8bn this year – and what are HMRC doing about it?
HMRC have been issuing massively misleading reports that the tax gap fell by £7bn last year. It didn’t, and I have explained why here. Using
Read the full article…
All the direct tax gaps have risen – making the case for massive new investment in HMRC
Let’s not beat about the bush: Hartnett did dodgy deals
As the Guardian reports this morning: Britain’s most senior taxman has admitted making “governance errors” when agreeing multibillion-pound settlements with large companies. Dave Hartnett, HMRC’s
Read the full article…

Buy me a coffee!
