#tax-evasion

#tax-evasion

The recently published Finance Bill 2025-26 contains a number of proposals to target tax evasion. But in practice, these measures may prove to be ineffective.

Aowlad Kabiri, trading as Ayshea Tandoori' at 57 Lind Road in Sutton, was fined a total of 26,034.27 after 54,809 in tax went unpaid between July 1, 2020, and October 30, 2023.

The German Football Association has been fined 130,000 euros for misconduct related to tax evasion in connection with the hosting of the 2006 World Cup.

Credit Suisse’s role in facilitating tax evasion has led to UBS facing a monumental fine of $510 million as part of an ongoing federal investigation.

Xue Tan Zheng and Xiu Rong Li were indicted for allegedly running illegal casinos and distributing unstamped cigarettes, facing a total of 15 criminal charges.

Penal­ties ranged from heavy fines and permanent exile to hard labor in the salt mines and, in the worst case, damnatio ad bestias, a public execution in which the condemned were devoured by wild animals.

The targeting of enablers, anyone who knowingly helps a client evade tax, is central to HMRC's strategy, but prosecutions have dropped significantly.

The construction sector comprises nearly a quarter of deliberate tax defaulters, revealing a troubling trend and evading nearly £15 million in taxes.