'Cowboy' tax advisers face £1m in HMRC fines

"The proposals in this consultation will allow HMRC to further close in on the cowboy advisers promoting these high-risk schemes," David Gauke, the Treasury Secretary, said.


HSBC replaces long-time auditor KPMG

Banks have come under pressure to change their auditors more frequently to keep accountants on their toes after lenders, some of whom have used the same auditor for over a century, were given a clean bill of health just before they were rescued in the 200


Paris tax hunt sends French to Switzerland

Her comments came after Paris and Bern signed a deal earlier this month changing the way cross border inheritance is taxed, as part of a French drive to rake in taxes.


Italian PM Enrico Letta pledges war on tax evasion

Italian prime minister Enrico Letta pledged to "fight relentlessly" against tax evasion in the recession-hit country, as the government pushed new growth measures through the lower house of parliament.


German tax dodgers turn over new leaf

The German authorities have been able to wave a big stick since purchasing a number of CDs purportedly containing sensitive Swiss bank client data