Italian Wine Company owner on the run as HMRC cracks down on alcohol tax evasion

Friday 28th July 2017

Wine fans – we have some bad news for you. Not only is luxury alcohol producer, The Italian Wine Company, in dire financial straits, but one of its owners, is in prison and the other is on the run from the authorities. So there’s a good chance that the order you’re waiting for is unlikely… [continue reading]

Andorra joins the growing list of former tax havens

Monday 24th July 2017

Rewind 10 years and the list of states recognised as ‘tax havens’ was considerably longer than it is now. Yet another country has committed to compliance and signed up to the automatic exchange of tax information, or the Common Reporting Standard, meaning that those pockets of low regulation and heavy investment are now largely former… [continue reading]

Floyd Mayweather’s tax problems increase ahead of McGregor fight

Friday 21st July 2017

The 26th August fight between boxer, Floyd Mayweather and UFC star Conor McGregor is likely to be the biggest sporting event in history. It costs a staggering $100 to buy the event on pay-per-view in the US and both competitors are set to land well in excess of $100m each for a matchup that many… [continue reading]

Rangers tax case finally concludes

Wednesday 19th July 2017

Poor old Rangers. As if it wasn’t enough being dumped out of the Europa League by Luxembourg’s fourth best football team, the club has also suffered defeat at the Supreme Court after it ruled in favour of HMRC in the Rangers tax case. This follows a long battle over a tax avoidance scheme run by the… [continue reading]

Recruiter tax evasion exposed in Guardian investigation

Wednesday 19th July 2017

The recruitment industry doesn’t do itself any favours. Yet another firm has been caught out for promoting tax avoidance schemes when it really should know better. This time it’s the turn of Anderson Group, which was exposed via an investigation looking into recruiter tax evasion. Many of you will recognise the company as the lead sponsor of… [continue reading]

8 tax evading celebrities: What agencies can learn

Friday 14th July 2017

Many of you will have seen our blog last month on the QPS case where three directors of an umbrella firm were found guilty of a colossal tax evasion scheme that landed them a combined 27 years in prison. However, while these individuals lived the lives of rock stars, they were nothing in comparison to… [continue reading]

Tax evasion investigations are going global

Tuesday 11th July 2017

Anyone with knowledge of the global taxation arena will know that the fight against evasion has increased substantially in recent years. In fact, new figures released by law firm, Pinsent Masons, have revealed the true extent and have shown that UK tax investigations are going global. HMRC ups the ante According to a study by… [continue reading]

Iceland has ‘declared war’ on tax evaders

Friday 7th July 2017

Iceland has had a major problem with tax evasion in recent years. Not only has the country lost between 3% and 7% of its total GDP over the last 30 years to non-compliance, but the Panama Papers leak also revealed that its former Prime Minister, Sigmundur Gunnlaugsson was concealing millions of pounds offshore, not exactly… [continue reading]

Nigerian tax evasion scheme set to bring $1bn in revenue

Thursday 6th July 2017

Regular readers of our blog or our media activities on the likes of Recruitment International will be aware that we’re big proponents of Nigeria as a contracting destination. The country offers huge opportunities for individuals looking to develop their skills as well as firms aiming for expansion, but unfortunately, it’s faced major challenges with tax… [continue reading]

Another Real Madrid star in footballer tax evasion embarrassment

Tuesday 4th July 2017

Real Madrid may have won La Liga and the Champions League last season, however two of the club’s most popular and well known players have faced difficulties with their taxes in recent weeks. Last month we reported on Cristiano Ronaldo’s tax evasion case and now it’s Sergio Ramos’ chance to steal all the wrong headlines…. [continue reading]