The Financial Times reported (16 May) that several sitting High Court judges have invested in tax arrangements that have been subject to challenge by HMRC. One of the judges has since ruled on tax avoidance cases which, according to the FT, ‘raises questions about the UK’s lax approach to disclosure of judicial interests’.
The investments were made many years ago, before the individuals’ appointment to the High Court, but the judges are alleged to have retained their interests in the schemes after taking up their current positions.
The Financial Times reported (16 May) that several sitting High Court judges have invested in tax arrangements that have been subject to challenge by HMRC. One of the judges has since ruled on tax avoidance cases which, according to the FT, ‘raises questions about the UK’s lax approach to disclosure of judicial interests’.
The investments were made many years ago, before the individuals’ appointment to the High Court, but the judges are alleged to have retained their interests in the schemes after taking up their current positions.