October 1st, 2010
A couple of weeks ago we wrote an article here entitled
The hidden hands behind tax havens, where we noted that:
Secrecy jurisdictions are not merely an atomised grouping of mostly small states exercising their sovereign rights to set their own tax, secrecy and regulatory rules and laws as they please. Nearly all of the small states are, instead, substantially protected and controlled by larger powers, notably OECD countries, and of these the United Kingdom is by far the most important.
Now we have a new piece...
September 29th, 2009
FT.com / Entrepreneurship - Tax crackdown defended.
A leading adviser on research and development tax credits has leapt to the defence of HM Revenue & Customs (HMRC), claiming its officers are right to crack down on those trying to exploit the system.
Peter Denison-Pender, managing director of Alma Consulting, refuted claims made by accountancy Grant Thornton earlier this month that tax inspectors were being unfairly tough with companies seeking R&D tax credits.
“HMRC is not the bad guy here,” Denison-Pender said. “All they are doing is clamping down on...
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September 29th, 2009
Richard Murphy
notes that HMRC has launched a new web-
form which allows you to report tax evasion online. Strangely, though, the form times out if you haven't finished within 15 minutes - a relatively short amount of time given the length of the form. I understand the logic of timing out a webpage after a certain amount of time - perhaps an hour or so - but 15 minutes is a little ridiculous.
Nevertheless, it's nice to see HMRC taking a proactive approach.
September 25th, 2009
The Guardian -- The Cayman Islands leader, William McKeeva Bush, was today forced to postpone his annual budget as the British overseas territory's debt crisis worsens.
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