Takes up role from 1 April
PM profited from ownership in offshore fund
The government expects to collect an extra £3.1bn from those found to have avoided or evaded tax payments - and those professionals who help them - Chancellor George Osborne said in his Budget speech today.
The government is to force tax avoidance schemes to reveal they are being monitored by HM Revenue & Customs (HMRC) as part of its wider clamp down on tax crime.
Retired Premier League players are among more than 100 footballers who face financial ruin as a result of demands from HM Revenue and Customs (HMRC), but some stars have said the fault lies with their advisers.
A tax avoidance scheme which abused the reliefs offered for research into life-saving vaccines in order to claim back £77m in tax has been rejected again by a tribunal.
Asset managers and wealth management firms have expressed support for the government's plans to scrutinise partnerships and LLPs in a clampdown on tax avoidance.
HM Revenue and Customs (HMRC) is launching a major new crackdown on tax avoidance targeting the advisers and promoters of avoidance schemes - and plans penalties of up to £1m.
Multinational coffee house Starbucks has caved in to public anger over the recent revelation it paid less than 1% in tax in the UK, pledging to 'do more' according to reports.