HMRC tackles online VAT fraud to level playing field for retailers
New laws that ensure businesses selling online pay the right amount in tax, and which make online marketplaces more accountable for VAT fraud, have come into force in the UK.
Tag: Tax Evasion
Businesses must prepare for the Criminal Finance Act before the end of the month
The Criminal Finances Act gives HMRC a global mandate to pursue the possible facilitation of tax evasion anywhere in the world if it involves a UK tax liability.
George Osborne takes on tax dodgers and corrupt funds
The chancellor has inked an agreement with Spain, France, Italy and Germany to share information on the “ultimate owners of companies” – shedding light on financial wrongdoing.
Who’s at risk from HMRC pursuing tax-evading sellers at eBay and Etsy
The tax authority is making use of its increased powers by following up with thousands of individuals – but many online users are unsure as to whether they’re at risk.
Tax avoidance does everybody do it
The distinction between tax avoidance and tax evasion used to be clear, but the shifting sands of public opinion have changed that. Does everyone take part in tax avoidance
Paying tax is optional (if you’re big enough)
By John Sollars
John Sollars wonders whether SMEs are paying more than their fair share, while the largest retailers avoid corporation tax.