Criticism of HMRC’s failure to prosecute HSBC Swiss tax evaders has been quite unfair, writes Jonathan Fisher QC (Devereux Chambers). There are problems with criminal prosecution and the decision to focus on tax collection through civil settlement is the right one. It makes little sense to criminally prosecute these cases.
Jo Summers (PWT Advice) answers a query regarding a client who wants to add funds to a trust that someone else set up
Go directly to jail; do not pass ‘go’; do not collect £200. Is HMRC’s approach getting out of hand, asks Peter Vaines, partner, Squire Patton Boggs
Heather Self considers the unusual prominence given to tax issues in the Pfizer bid for AstraZeneca
Andrew Goldstone and Victoria Turner review recent developments in the private client sphere
No safe havens sets out an increasingly tough approach from HMRC on tackling avoidance on offshore income. Tina Riches asks whether it is now time for a proper debate on HMRC’s powers.
Your guide to the key measures from the Budget, provided by Lexis®PSL Tax and Lexis®PSL Private Client.
John Hood answers a query on a HMRC enquiry into a client’s overseas assets
David Whiscombe answers a query on a shared joint venture with an offshore investor
Views from tax professionals on some of the points to watch in the draft measures due to be included in this year's Finance Bill.