Peter Binning quoted in Law 360 on the fight against tax fraud

Consultant Peter Binning is quoted in Law360, on the UK government’s Autumn Budget.

“There has never been an easier time for tax evaders to hide their offshore wealth from the U.K. tax inspector,” he said.

Digital platforms that allow tax evaders to operate globally and the availability of crypto-assets are posing a major headache for tax authorities, according to Binning.

“HMRC now has more and better access to cross-border data than ever before, so taxpayers need to be alert to the increasing risks of non-compliance as recent cases in the criminal courts show,” Binning said.

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