Grant Thornton: Bespoke - for private clients

Five arrested as HMRC cracks down on tax evasion among plumbers

Wednesday, August 17, 2011 | Posted by: Dave Jennings
Categories: Personal, Protecting your wealth | Tags: tax, entrepreneurs, HMRC, offshore, income tax, government, Dave Jennings, tax avoidance, budget, disclosure, income, investigation, penalties, relief, Liechtenstein Disclosure Facility, Liechtenstein, amnesty

The plumbers amnesty (Plumber’s Tax Safe Plan or PTSP) that HM Revenue & Customs (HMRC) launched in March, was criticised as being a ‘damp squib’ at the time after a low take-up with many plumbers unconvinced that HMRC had any information about any undisclosed earnings. HMRC has hit back with news that it has arrested five plumbers on suspicion of tax evasion.

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Seek amnesty or risk investigation as HMRC’s tax net tightens on offshore bank accounts

Friday, July 08, 2011 | Posted by: Dave Jennings
Categories: Personal, Protecting your wealth | Tags: tax, tax planning, HMRC, offshore, Dave Jennings, tax havens, disclosure, investigation, penalties, banking, Liechtenstein Disclosure Facility, tax amnesty, Liechtenstein, Switzerland, amnesty, LDF, HSBC, evasion, Tax Investigations

With a new round of tax investigations being launched into customers of HSBC in Switzerland, HM Revenue & Customs’ (HMRC’s) drive against holders of undeclared offshore bank accounts is heating up. Waiting to come forward could result in higher tax and penalties, so what are the tax amnesty options?

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Plumbers tax amnesty could open floodgates for all

Tuesday, March 15, 2011 | Posted by: Dave Jennings
Categories: Protecting your wealth | Tags: tax, Dave Jennings, disclosure, Protect Your Wealth, investigation, Liechtenstein Disclosure Facility, tax amnesty, Liechtenstein, amnesty, LDF, PTSP, trades, plumbers

In August, tax investigations partner Grant Summers asked whether there should be a

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Missing gold bars, tax-free giving and a global party – December wealth links

Wednesday, December 01, 2010 | Posted by: Fiona Cullinan
Categories: Personal | Tags: links, HNWIs, China, charity, banking, divorce, Liechtenstein, Switzerland, art, investments, gold, wine

Our monthly pick of the web as it relates to high earners and HNWIs.

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200% penalty for offshore tax evasion

Thursday, April 22, 2010 | Posted by: Dave Jennings
Categories: Personal, Protecting your wealth | Tags: tax, tax planning, HMRC, offshore, Dave Jennings, investigation, penalties, Liechtenstein Disclosure Facility, Liechtenstein, OECD, amnesty, LDF, tax haven, 200%

Tax, or National Insurance, was bound to be in the headlines during the Budget and Election but very little beats the threat of a 200% penalty for attention. Combined with a

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What’s Liechtenstein got to do, got to do with it?

Tuesday, September 15, 2009 | Posted by: Dave Jennings
Categories: Protecting your wealth | Tags: tax, offshore, Dave Jennings, tax havens, disclosure, Protect Your Wealth, penalties, Liechtenstein Disclosure Facility, tax amnesty, Liechtenstein, NDO, New Disclosure Opportunity, LDF

What’s Liechtenstein but a sweet old-fashioned notion? What’s Liechtenstein got to do, got to do with it? Who needs a haven when a haven can be broken? With recent pressures on UK investors to

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