Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Bad reputation: the businesses that fell for the lure of tax evasion

03 July 2023 / Monty Jivraj
Issue: 4895 / Categories: Comment & Analysis , evasion , HMRC , nudge letters , pandora papers , Avoidance
129125
Bad reputation

Herein lie the ashes of your client’s reputation.

It is with a heavy heart that we report the sad demise of a previously strong business. Well-known and admired the owners succumbed to the temptation of tax evasion. Despite warnings and assistance attempts the company floundered and was left decimated once HMRC called out its lucrative set-up.

This June and July rival cricket teams England and Australia meet to play the legendary Ashes Test series. The prize? Glory! Oh yes and the award of a terracotta urn crafted to celebrate Reginald Shirley Brooks’ satirical obituary in the Sporting Times in which he lamented the 1882 death of English cricket. I couldn’t resist putting my spin on this old joke for you there.

It’s been eight years since England had a win. Could this be our year? New captain Ben Stokes said ‘We...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon