Tag Archives: Tax Avoidance

Tax firms face fines

Accountants, tax planners and advisors could face tough penalties if they are found to have helped companies avoid tax. Currently tax avoiders face significant financial costs if HMRC defeats them in court. However, those who advised on, or facilitated, the avoidance bear little risk. This could change under the new proposals published this week by…
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Tax avoiders have hell to pay

Campaign groups, newspapers, MPs and even the European Commission are on the warpath. Can companies afford to keep dodging the Revenue? In December, Starbucks declared its largest ever UK profit and its biggest tax bill. Three years after the company was shamed for avoiding tax, the announcement appeared, as the Financial Times reported, “to draw…
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