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    HSBC help their rich clients to avoid and evade tax

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    papa_umau
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    HSBC help their rich clients to avoid and evade tax

    Post by papa_umau on Tue 10 Feb 2015, 12:12 pm

    Tax officials defended over HSBC claims

    The government has defended its record on dealing with tax evasion, amid reports that HSBC helped its wealthy clients to evade UK taxes.

    Treasury Minister David Gauke said HM Revenue and Customs had recouped 135m from tax dodgers after an investigation into the claims, dating back to 2005.

    Labour wants to know why there has been just one UK prosecution as a result.

    Find the full story from The BBC Political news programme HERE




    I know this has been going on over more than just this last government, but it certainly rings true that The Tories would try very hard to protect their banking and rich pals from any such scandals.

    More to come here, I think.

    Well, I hope so !


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    zathrus
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    Re: HSBC help their rich clients to avoid and evade tax

    Post by zathrus on Fri 13 Feb 2015, 11:36 am

    And after Cameron tried to excuse these thieves and said that his government had done "this and that" to get back money purloined this way Ed Miliband ripped his throat out for being an obvious two-faced git.

    Nobody has done more for his rich Tory backers than Cameron has.
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    papa_umau
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    Re: HSBC help their rich clients to avoid and evade tax

    Post by papa_umau on Sat 14 Feb 2015, 12:49 pm

    You are so right there Zath'.

    Cameron has to act like a schizophrenic over things like this so that on the one end the people might think he is hard down on tax evasion and avoidance while at the other end he has to keep in with his Tory backers who hide their money from the taxman in offshore accounts all over the place.

    "Duplicitous" is the word that fits here.


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    Angie baby
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    Re: HSBC help their rich clients to avoid and evade tax

    Post by Angie baby on Sun 15 Feb 2015, 12:14 pm

    And what about the wealthy tycoon, Paul Bloomfield who has never paid a penny tax over a period of twenty years.

    What is worse is that even although HMRC knew about this man he was never prosecuted.

    This scandal was exposed in the BBC's Panorama programme.

    See the full report here: http://www.bbc.co.uk/news/uk-31459067
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    papa_umau
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    Re: HSBC help their rich clients to avoid and evade tax

    Post by papa_umau on Mon 16 Feb 2015, 2:27 pm

    A perfect example Angie.

    All the while the Tories were in charge only one prosecution for tax evasion was ever brought to the courts.

    I wonder how many prosecutions were brought for benefits cheats ?

    Thousands, I might surmise.


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