How Not To Be A Money Launderer, a straightforward guide to detecting and deterring fraud and money laundering in organisations, has been reissued in paperback.
Taxation: UK offers amnesty to tax fraudsters - kind of
The UK's HM Revenue and Customs is to begin a new approach to the recovery of tax evasion which it has begun to call tax fraud.
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On 31 January, HMRC will launch a new process under which those suspected of tax evasion.
The concept is simple: if HMRC suspects "serious" evasion - which it has taken to calling "tax fraud," it will contact the target and invite him to enter into "a contract to disclose that fraud." If he does so, then a civil, not criminal investigation will follow with the ultimate aim to be the payment of tax, interest and penalty without prosecution.
There is a second string to the plan: taxpayers may pre-emptively make a voluntary disclosure.
But, if the taxpayer does not comply with the contract, hides information or wealth or does not make payments, then criminal prosecution can follow.
And that brings in the whole weight of counter money laundering laws and the confiscation, etc. that goes with them.
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