Gaines-Cooper battles on to ‘make tax system fairer’ | AccountingWEB

Gaines-Cooper battles on to ‘make tax system fairer’

Robert Gaines-Cooper, the Seychelles-based billionaire who recently lost a high-profile appeal in the Court of Appeal against a UK tax bill, is continuing a lengthy battle with HMRC because he wants to make the tax system fairer and clearer for all taxpayers - not to save tax, his barrister has told TaxTV.

In an interview featuring in the November edition of TaxTV - given before the Supreme Court upheld the Court of Appeal's decision that Gaines-Cooper was a resident of the UK even though he has spent most of his time in the Seychelles - Gaines-Cooper’s barrister, Peter Vaines, said the dispute highlighted “complete chaos” over tax rules for deciding peoples’ residency status.


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Pull the other one!    1 thanks

chicken farmer | | Permalink

Gaines-Cooper began his non-residency claim in order to avoid several years of assessments under the 'transfer of assets abroad' provisions and the settlement provisions.