How HMRC profits from Paradise Papers
Panama Papers, Paradise Papers – both misnomers, I believe, since I have come to the conclusion that they should perhaps be collectively renamed the 'Payment Papers'
Although one must not forget that there was no 'payment' as such for the data when it was originally 'obtained' from the law firms in question. To read more, head to Spear's Wealth Management magazine.
Related in brief posts
While Philip Hammond's speculated tax breaks for young people might promote 'intergenerational fairness', there is still a worry that a resulting backlash on pensioners might lose the Conservative Party many of its older voters
Claire Weeks and Arabella Murphy have published an article in Tax Journal explaining the reforms to the taxation of non UK domiciliaries.
Ignorance of the law is neither bliss nor an excuse in the current tax landscape, as HMRC are developing increasingly stringent measures to catch HNWs out