Do you remember the 2021 "Pandora Papers" scandal?
Possible tax-dodgers and mondy-launderers identified?
HMRC have just written some letters.
Is there an election coming up?
"The UK tax authority has written to hundreds of people named in one of the biggest leaks of financial information, warning them of penalties if they do not verify that they have paid in full what they owe.
In letters sent on Monday, HM Revenue & Customs told individuals named in the 2021 Pandora Papers, which showed how some of the world’s wealthiest people had used offshore tax havens to store and move money, to check that they had informed it of all their UK tax liabilities from overseas income or gains.
The agency told recipients of its letter that they had 30 days to report any outstanding tax payments and cautioned that people who did not meet the deadline could face penalties, including a fine of up to 200 per cent of any amount due and prosecution."
FT.com
I hope it does not include very many ex-Chancellors and ex- Prime Ministers.
www.icij.org
Possible tax-dodgers and mondy-launderers identified?
HMRC have just written some letters.
Is there an election coming up?
"The UK tax authority has written to hundreds of people named in one of the biggest leaks of financial information, warning them of penalties if they do not verify that they have paid in full what they owe.
In letters sent on Monday, HM Revenue & Customs told individuals named in the 2021 Pandora Papers, which showed how some of the world’s wealthiest people had used offshore tax havens to store and move money, to check that they had informed it of all their UK tax liabilities from overseas income or gains.
The agency told recipients of its letter that they had 30 days to report any outstanding tax payments and cautioned that people who did not meet the deadline could face penalties, including a fine of up to 200 per cent of any amount due and prosecution."
FT.com
I hope it does not include very many ex-Chancellors and ex- Prime Ministers.
Pandora Papers - ICIJ
The largest investigation in journalism history exposes a shadow financial system that benefits the world’s most rich and powerful. Read more.
www.icij.org
