Tag: Featured - Tax Policy Associates

Posts tagged "Featured"

a post office

Dec 20, 2023 Investigations

More Post Office scandal: its incompetence leaves 1,100 postmasters with a £10k tax bill

We reported earlier this year that, when the Post Office finally paid compensation to some of the victims of the Post Office scandal, it left many postmasters with large unforseen tax liabilities. The Post Office agreed to fix this by making “top-up” payments to postmasters to cover the tax. But it’s been so slow at […]

Dec 19, 2023 Investigations

Douglas Barrowman unlawfully hid the ownership of another company

Douglas Barrowman and Michelle Mone appear to own a house in Belgravia through two BVI companies and a trust. They should all show Barrowman and/or Mone as the beneficial owner. They don’t. That’s a breach of company law – and potentially a criminal offence. UPDATE 22 December 2023: The Times has reported that Barrowman sold […]

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OneCoin

Dr

Join the Financial Revolution

Dec 18, 2023 Analysis

How libel firm Carter-Ruck recklessly enabled a $4bn fraud

In 2016 and 2017, libel firm Carter-Ruck acted for a business called OneCoin, and threatened defamation proceedings against people who alleged OneCoin was a Ponzi scheme and a fraud. In fact OneCoin was a giant Ponzi fraud – second only to Madoff. Plenty of people realised this at the time. So why were Carter-Ruck helping […]

Dec 12, 2023 Analysis

Who protects consumers from tax fraud?

Currently, the answer is: nobody Here are two examples I’ve seen in the last two days. They’re not avoidance schemes. They’re pure nonsense. If you follow the advice, you may be committing tax fraud. The people selling the schemes are either ignorant or scammers. This is from LinkedIn today: The idea is simple. You’re selling […]

Total tax revenues as a share of GDP in OECD countries, 2021 and 2022
in % of GDP

@2022 @2021

50%

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40%
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30%
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20%
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Source: OECD (2023), Revenue Statistics 2023: Tax Revenue Buoyancy in OECD Countries « Note: Data for 2022 is preliminary and not yet available ®@) OECD
for Australia and Japan.

Dec 6, 2023 Analysis

Has tax in the UK increased more than in other countries?

There’s a new OECD report with tax data going up to 2022. The chart above shows that, whilst many countries saw a decline in tax revenues from 2021 to 2022, the UK saw a tax increase. However, the overall level of tax revenues in the UK, as a percentage of GDP, is very close to […]