Monday 22 July 2013

HMRC yet to collect £2bn in unpaid tax held in offshore trusts

Accountancy Age: Around £2bn in unpaid tax is awaiting collection by HM Revenue & Customs from offshore trusts used by companies to allow high-earning employees to minimise their income tax.


Full story: http://www.accountancyage.com/aa/news/2283846/hmrc-yet-to-collect-gbp2bn-in-unpaid-tax-held-in-offshore-trusts?