The Core of the problem is few corrupt ministers in the House of Commons & Lords.
They have proceeds of their own crimes all stashed away in UK Crown dependency tax havens along with their International Criminal Friends, International corrupt Politicians, International Mafia, War Criminals( Politicians who have led unjust wars ), International Business Tycoons & some very large International corporates all joining forces to create an organised criminal network led by " Politically Exposed Persons " as known in Legal, Accountancy & Tax profession in UK (namely ACCA/ICAEW/ICAS/ICAI) CIMA are more internal accountants in Industry so not mainly their domain.
Whilst sitting in power these corrupt politicians will never give HMRC powers to confiscate proceeds of their crime and have them prosecuted, it's like asking these corrupt politicians to own up , pay up & serve time in prison! Can you imagine if they cheat PPE contracts & expense claims will they ever admit or own up or even think about giving powers to HMRC to prosecute them ?
Please look at my Twitter feed media files posted on 13 Feb 2021 for more details to understand the scale of the problem where HMRC's hands are being tied by these criminal politicians, we need a change of guards for a complete overhaul and reform of this broken system
Just to add to my above comment all Politicians ( both UK & International ) who monies stashed away in tax heavens be it UK dependant islands ( tax havens ) or other tax havens who have taken bribes all that money should be confiscated from them under Bribery Act 2010: https://www.legislation.gov.uk/ukpga/2010/23/contents
Plus any Bribes they have taken from large corporations and media as well should be recovered 100% not just taxed! These politicians have taken Bribes for weapons and wars around the world, this money recovered should be paid to Civil Servants, Military personnel who have lost lives or have become injured doing their duty towards the UK & also compensation should be sent to victims of wars around the world from the monies recovered under Bribery Act 2010 from the Politicians.
All the large corporations who have evaded tax and promoted Genocide especially Facebook, Fascist / Far Right / Right-wing media who have aided and abetted these criminals should face the full force of law and their assets confiscated under Bribery Act 2010 and Criminal Finances Act 2017: https://www.legislation.gov.uk/ukpga/2017/22/notes/division/10/index.htm
It's about time the laws apply to these criminals in the Parliament and tax is obtained from Genocidical International Corporations like FaceBook as well as all taxes from large multinational corporations paying their fair share of taxes.
Please let me know your thoughts if you agree with my comment or disagree?
Kind regards to all Tax & Qualified Accounting Professionals from professional bodies in UK & Worldwide ( ACCA / ICAEW / ICAS / ICAI / CIMA )
I agree tax changes in laws shouldn't be retrospective and we need large businesses for employment and the benefits large companies bring for the economy overall.
But we have always had DTR for paying higher of foreign or UK tax i.e. where funds are sent to tax havens to evade tax these DTR do not apply so these funds need to be taxed which have been diverted to offshore havens for companies / individuals / politicians using tax havens to evade tax or funds sent there as proceeds of crime , companies diverting profits using " DR TIM " we accountants have studied this in our professional qualifications & GAAR as existing legislation which should apply to these large corporates / politicians / individuals who I feel have abused the laws.
We do not need retrospective legislation to recover fair share of taxes and proceeds of crime recovered.
Please let me know if you dis agree with my comments or agree ?
My answers
Hi everyone
Does anybody know how to access the list of articles you saved as CPD on AW ?
I can't seem to find the articles that I have saved as my CPD content , any help will be much appreciated, thank you in advance
The Core of the problem is few corrupt ministers in the House of Commons & Lords.
They have proceeds of their own crimes all stashed away in UK Crown dependency tax havens along with their International Criminal Friends, International corrupt Politicians, International Mafia, War Criminals( Politicians who have led unjust wars ), International Business Tycoons & some very large International corporates all joining forces to create an organised criminal network led by " Politically Exposed Persons " as known in Legal, Accountancy & Tax profession in UK (namely ACCA/ICAEW/ICAS/ICAI) CIMA are more internal accountants in Industry so not mainly their domain.
Whilst sitting in power these corrupt politicians will never give HMRC powers to confiscate proceeds of their crime and have them prosecuted, it's like asking these corrupt politicians to own up , pay up & serve time in prison! Can you imagine if they cheat PPE contracts & expense claims will they ever admit or own up or even think about giving powers to HMRC to prosecute them ?
Please look at my Twitter feed media files posted on 13 Feb 2021 for more details to understand the scale of the problem where HMRC's hands are being tied by these criminal politicians, we need a change of guards for a complete overhaul and reform of this broken system
Hi Heather
Just to add to my above comment all Politicians ( both UK & International ) who monies stashed away in tax heavens be it UK dependant islands ( tax havens ) or other tax havens who have taken bribes all that money should be confiscated from them under Bribery Act 2010: https://www.legislation.gov.uk/ukpga/2010/23/contents
Plus any Bribes they have taken from large corporations and media as well should be recovered 100% not just taxed! These politicians have taken Bribes for weapons and wars around the world, this money recovered should be paid to Civil Servants, Military personnel who have lost lives or have become injured doing their duty towards the UK & also compensation should be sent to victims of wars around the world from the monies recovered under Bribery Act 2010 from the Politicians.
All the large corporations who have evaded tax and promoted Genocide especially Facebook, Fascist / Far Right / Right-wing media who have aided and abetted these criminals should face the full force of law and their assets confiscated under Bribery Act 2010 and Criminal Finances Act 2017: https://www.legislation.gov.uk/ukpga/2017/22/notes/division/10/index.htm
It's about time the laws apply to these criminals in the Parliament and tax is obtained from Genocidical International Corporations like FaceBook as well as all taxes from large multinational corporations paying their fair share of taxes.
Please let me know your thoughts if you agree with my comment or disagree?
Kind regards to all Tax & Qualified Accounting Professionals from professional bodies in UK & Worldwide ( ACCA / ICAEW / ICAS / ICAI / CIMA )
Hi Heather
I agree tax changes in laws shouldn't be retrospective and we need large businesses for employment and the benefits large companies bring for the economy overall.
But we have always had DTR for paying higher of foreign or UK tax i.e. where funds are sent to tax havens to evade tax these DTR do not apply so these funds need to be taxed which have been diverted to offshore havens for companies / individuals / politicians using tax havens to evade tax or funds sent there as proceeds of crime , companies diverting profits using " DR TIM " we accountants have studied this in our professional qualifications & GAAR as existing legislation which should apply to these large corporates / politicians / individuals who I feel have abused the laws.
We do not need retrospective legislation to recover fair share of taxes and proceeds of crime recovered.
Please let me know if you dis agree with my comments or agree ?
Where this is a will there is a way !