Tax Avoidance

The difference between tax avoidance and tax evasion

In its haste to gain Royal Assent before June’s general election, the Finance Bill saw over half its contents removed. But the intent to crack down on tax avoidance still permeates its pages. So it doesn’t hurt to understand what that entails – and what the difference between tax avoidance and tax evasion is.

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The PM in Panama – Why would you use a trust or offshore company?

So, David Cameron has been investing in offshore funds and avoiding his taxes whilst at the same time telling us we are all "in it together". With this revelation and the recent coverage of the revelations regarding Panamanian law firm Mossack Fonseca, you may be forgiven if you now have the impression that there is one rule for the rich and powerful and another for the rest of us.

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