News Archive

News

Raids on Swiss bank Credit Suisse offices in Germany

15/07/2010
After Italian raids in October 2009 on branches of Swiss banks, the German authorities yesterday launched a huge operation against German branches of the Credit Suisse. Over 150 investigators took part in coordinated raids on 13 branches of the second largest Swiss bank in connection with an inquiry into tax fraud. In a controversial move in February
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Shifting the focus from tax evasion to tax avoidance?

15/06/2010
The HMRC Business Plan for the year 2010-11 includes two objectives among others: • "Ensure those seeking to evade tax are subject to robust and effective civil and criminal action". • "Tackle avoidance risks through policy and legislative design, designing out opportunities for avoidance and continuing to develop principles
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What makes a tax amnesty attractive?

11/06/2010
Many countries, including the UK, are focusing on assets hidden in offshore accounts in an attempt to increase revenue however many factors affect the success, or failure, of initiatives to encourage residents to repatriate wealth. These factors include: changes in the home country; attractiveness of the amnesty; frequency of amnesties in the country
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AegisTax Jersey appoints Alistair Munro to the Board

04/06/2010
AegisTax in Jersey is pleased to announce that Alistair Munro will join the Board of AegisTax. An experienced ex-HMRC investigator, he brings with him a wealth of knowledge and experience in the world of defending fiscal offences. To see his CV email our Swiss office today.
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UK Form P86 no longer required

03/06/2010
HM Revenue & Customs have announced that, from 1 June 2010, individuals will not be required to complete form P86 on their arrival in the UK. Form P86 had to be completed by individuals coming to live or work in the UK for the first time or following a period of absence. The form was used by HMRC when allocating a PAYE tax code to ensure the person
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