Wednesday 14 December 2011

LG partner Garnham quits firm for social networking

From The Lawyer website:

LG private client partner Caroline Garnham has left the firm to concentrate on the social networking site she dreamed up five years ago.

Garnham has been an equity partner at LG since 2006. Before that she was head of private capital at Simmons & Simmons but left as part of a four-lawyer team when Simmons axed the department (31 July 2006).

Garnham will now devote her time to her role as managing director of Family Bhive, a social networking site for ultra high net-worth individuals, of which LG is a member.

On the trail of the offshore tax dodgers

From the BBC News website:

The government's attempts to squeeze more money from offshore tax dodgers is being run from just about the most nondescript set of offices you could possibly imagine.

Based at the back of a tax advice centre in the middle of Birmingham, the Offshore Co-ordination Unit (OCU) is the latest measure of HM Revenue & Customs (HMRC) to tackle offshore tax evasion.

As the name of the OCU suggests, it will try to co-ordinate the Revenue's scrutiny of the extra information it is now receiving on UK taxpayers with money abroad.

That includes data generated by recent tax deals with the Liechtenstein and Swiss governments.

Full story at:
http://www.bbc.co.uk/news/business-16111639

Monday 12 December 2011

Tax boss to retire in summer 2012

The BBC is reporting that Lin Homer will take over from Dave Hartnett when he retires next Summer. BBC News website says:

"The controversial head of the UK tax authority - Dave Hartnett - will retire in the summer of 2012, HM Revenue and Customs (HMRC) has announced.

From January, the permanent secretary of tax, who turns 61 in February, will work with a new HMRC chief executive - Lin Homer.

Ms Homer is permanent secretary at the Department for Transport."

Full story at: http://www.bbc.co.uk/news/business-16112348