Powers bestowed by the Criminal Finances Act 2017 are not being used effectively, say critics
HMRC has not charged a single company under landmark legislation passed six years ago to crack down on corporate tax evasion.
Critics say the data, released under freedom of information laws to the Bureau of Investigative Journalism and TaxWatch, suggests that HMRC is undermining its own deterrents against corporate tax evasion by failing to use its criminal enforcement powers.
Continue reading… The Guardian Read More Powers bestowed by the Criminal Finances Act 2017 are not being used effectively, say criticsHMRC has not charged a single company under landmark legislation passed six years ago to crack down on corporate tax evasion.Critics say the data, released under freedom of information laws to the Bureau of Investigative Journalism and TaxWatch, suggests that HMRC is undermining its own deterrents against corporate tax evasion by failing to use its criminal enforcement powers. Continue reading…
