Weekly tax brief | 14 November 2018

Tax crime adds to the misery of the age of austerity
George Bull 
The age of austerity may be coming to an end, but how much has it cost? And how different would it have been if tax evaders, people in the hidden economy and those responsible for criminal attacks on the UK tax system had paid the taxes they ought to have paid? 

Why the trust consultation shouldn't cause sleepless nights
Chris Etherington 
A consultation was published last week that sets out the government’s view on how to make trusts ‘fairer, simpler and more transparent’, a commitment made in the Chancellor’s Budget in 2017. After nearly a year speculating on the meaning of those five words and whether they carried some ominous intent for trustees, are we now any clearer on what the future might bring?

 

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