Tax Policy Associates
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Read the latest publications from Tax Policy Associates, a not-for-profit company, to improve tax and legal policy, and the public understanding of tax. Providing policymakers and politicians of all parties with expert and non-partisan tax policy advice, in the UK and worldwide. Analyzing and investigating areas of tax and tax policy that have been under-reported.
Tax Policy Associates
12h ago
I’m presenting and co-writing a new short Radio 4 series, Untaxing. It’s about how tax affects our lives: from the Laffer Curve, to the Beatles, to Jaffa Cakes, and modern day avoidance. 1.45pm on Radio 4, every day next week, from Monday 31 March. On BBC Sounds as each episode airs. I’ll update this page […]
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Tax Policy Associates
12h ago
OneE made £10 million selling doomed R&D tax schemes – leaving investors with nothing and taxpayers footing the bill. Here’s how they did it, and here’s how we would change the law to end the tax avoidance industry for good. The scheme involved an attempt to use research and development tax relief to generate tax […]
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Tax Policy Associates
12h ago
UK company law requires every UK company to disclose the individuals who control it – their “person with significant control” (PSC). But the rules are widely ignored. We’ve found that around 50,000 UK companies hide their true ownership by unlawfully listing a foreign company as their PSC – that’s not permitted. And we’re publishing an […]
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Tax Policy Associates
6d ago
UK company law requires every UK company to disclose the individuals who control it – their “person with significant control” (PSC). But the rules are widely ignored. We’ve found that around 65,000 UK companies hide their true ownership by unlawfully listing a foreign company as their PSC – that’s not permitted. And we’re publishing an […]
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Tax Policy Associates
3w ago
A firm called Arka Wealth have widely promoted a tax scheme which they claim avoids all corporate tax, income tax, capital gains tax and inheritance tax – not just in the UK but across Europe. They work with a barrister called Setu Kamal, who they say is “one of Europe’s leading tax barristers”. Arka Wealth’s […]
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Tax Policy Associates
1M ago
Many fraudulent companies at Companies House are run by entirely fake directors – non-existent people with fabricated identities. But many others are fronted by “muppet” directors: real individuals, often recruited through Facebook, who lend their names to companies they don’t actually control. The true masterminds behind the fraud remain in the shadows. From next month, […]
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Tax Policy Associates
1M ago
A mining giant claiming £4bn in revenue, certified by a fake auditor on 128 pages of meticulously detailed fake accounts. A bank with a login page that can’t log anyone in. A trust holding $327bn in Tsarist gold that never existed. Even endorsements from the Duke and Duchess of Cambridge, Nadhim Zahawi, and Baroness Mone […]
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Tax Policy Associates
1M ago
We’ve been reporting on the shockingly brazen accounting frauds that slip through Companies House. Our new web-based fraud-finding tool takes just a few clicks to expose suspicious companies. We hope it’s useful to everyone interested in uncovering fraud, and helps illustrate how easy it would be for Companies House to do a better job of […]
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Tax Policy Associates
1M ago
Anyone can set up a company on Companies House, and say it’s a bank. We’ve written an automated tool that smokes them out. In three minutes, it identified sixteen “banks” with fake assets. Today we’re publishing our analysis of the sixteen fake banks, together with full instructions on how to use our tool to find […]
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Tax Policy Associates
1M ago
We’ve created an automated search tool that crawls Companies House data to find companies with fraudulent accounts. It’s found hundreds of dubious companies, the worst of which claims £100 trillion of assets. Our findings suggest that Companies House is asleep at the wheel. But they also show that it would be straightforward to clean things […]
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