Offshore clampdown continues as HMRC protects £365m
By Fraser Simpson From AccountancyAge THE BATTLE between HMRC and offshore tax schemes continues, with the taxman claiming victory in a first-tier tribunal against a Cayman-registered company, protecting £365m of taxpayer money. HMRC disputed the intentions of the Clavis Liberty…
HMRC claims billion pound week with win against Jersey firm
By Richard Hubbard From International Adviser The UK tax office has won a judgement against a limited partnership registered in Jersey, the Clavis Liberty Fund 1 LP scheme, which it claimed had tried to create artificial tax losses. HM Revenue…
