Tag: Tax Evasion - Tax Policy Associates

Posts tagged "Tax Evasion"

“Explore a Smarter Zero-Tax Alternative to the UK!"

A

OAG

Offshore Advisory Group Gibralt

“Offshore Done Right Business Done Better.”

Jun 29, 2025 Investigations

Offshore Advisory Group: Russian conspiracy theories selling doomed tax planning

The “Offshore Advisory Group” publishes political commentary including conspiracy theories originating in Russian propaganda outlets. It uses the attention this attracts to sell a tax avoidance scheme that supposedly lets UK businesses escape UK tax by incorporating in Gibraltar. The scheme is hopeless and will trigger large taxes and penalties – and if not disclosed […]

€ Back to Barristers

Robert Venables KC

Barrister

"Robert Venables KC is a barrister with a strong
advisory practice and equally extensive litigation
experience before English courts, foreign courts and
the Privy Council. He is a former chair of the Revenue
Bar Association and the author of numerous books on
taxation. He is particularly strong on IHT planning and
offshore tax issues"

CHAMBERS AND PARTNERS - 2024

Oct 28, 2024 Analysis

Robert Venables, senior tax KC, is being prosecuted by HMRC for tax evasion

HMRC is alleging Mr Venables evaded nine years’ tax in his personal tax returns. Tax evasion (technically “cheating the revenue”) is a criminal offence. Tax avoidance is not. The key difference is that tax evasion involves dishonesty. There’s more on what that means in our tax avoidance/evasion FAQ. Barristers have been prosecuted for tax evasion […]

Number of accounts

7,000,000

6,000,000

5,000,000

4,000,000

3,000,000

2,000,000

1,000,000

Number (lines) and balances (bars) of foreign accounts held by UK taxpayers
and reported to HMRC under CRS

mw Non-tax havens

m@ Tax havens

£607bn
£445bn £280bn

£116bn

£569bn

£405bn

2016 2017 2018 2019

May 27, 2022 Investigations

Tax Policy Associates report: UK taxpayers have £570bn in tax haven accounts, and HMRC has no idea how much of this reflects tax evasion

FOIA requests made by Tax Policy Associates reveal that £570bn is held in tax haven bank accounts by UK taxpayers, but HMRC has made no attempt to estimate how much of this is undeclared in UK tax returns, and therefore reflects tax lost to criminal tax evasion. The background Since 2018, almost all UK residents […]