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The FSA has announced that The Freedom SIPP Limited (TFSL), a self-invested personal pension operator, has been wound up on a petition issued by Her Majesty’s Revenue and Customs (HMRC) for non-payment of tax
It has been reported that in Prospect magazine Lord Turner, Chairman of the FSA, has said that he would be happy to consider a tax on banks to prevent excessive bonus payments
On 12 August 2009, HMRC obtained an important order from the UK Tax Chamber (the new tax tribunal) allowing them to serve information notices on a further group of banks this time over 300 banks for details of accounts in offshore tax havens
