The Dog Ate Your Assets? HMRC Will Find That Hard to Believe
HMRC has a wide range of powers it can call upon to ascertain the amount of tax due and then to collect and, if necessary, enforce payment.
Property tycoon Scot Young has been jailed following a contempt of court judgement after his ex-wife's claim he did not disclose £400 million that should have been declared as part of their settlement. Young claimed the funds were lost in a Moscow property deal that went wrong.
To read the article in full go to Spear's blog
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