{"id":134342,"date":"2023-02-01T07:01:00","date_gmt":"2023-02-01T00:01:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/almost-13000-offshore-companies-with-uk-property-fail-to-declare-owners\/"},"modified":"2023-02-01T07:29:35","modified_gmt":"2023-02-01T00:29:35","slug":"almost-13000-offshore-companies-with-uk-property-fail-to-declare-owners","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/almost-13000-offshore-companies-with-uk-property-fail-to-declare-owners\/","title":{"rendered":"Almost 13,000 offshore companies with UK property fail to declare owners"},"content":{"rendered":"


\nThe companies may now face fines and a ban on selling their land, the government has saidAlmost 13,000 offshore companies holding UK property have failed to declare their ultimate owners and may now face fines and a ban on selling their land, the government has said.Martin Callanan, a business minister, praised the introduction of the new register of overseas owners of UK properties, saying it had been \u201cinvaluable for tax and revenue services, bringing transparency to opaque offshore trusts often used to obscure assets for tax purposes\u201d. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Almost 13,000 offshore companies with UK property fail to declare owners<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The companies may now face fines and a ban on selling their land, the government...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-134342","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-yWO","jetpack-related-posts":[{"id":124776,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/register-of-offshore-owners-of-uk-properties-full-of-loopholes-say-experts\/","url_meta":{"origin":134342,"position":0},"title":"Register of offshore owners of UK properties full of loopholes, say experts","date":"March 2, 2022","format":false,"excerpt":"\r Long-delayed and apparently feeble enforcement measures will fail to tackle corruption, it is predictedThe government\u2019s long-delayed register of offshore owners of UK property will fail to tackle corruption unless multiple loopholes in the draft legislation are closed, experts have warned.On Monday, the government announced it would introduce a \u201cregister\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134267,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/john-lennon-house-and-lewis-hamilton-mansion-on-offshore-ownership-register\/","url_meta":{"origin":134342,"position":1},"title":"John Lennon house and Lewis Hamilton mansion on offshore ownership register","date":"January 27, 2023","format":false,"excerpt":"\r Yoko Ono, Hamilton and Uri Geller declare themselves beneficial owners of overseas firms that hold UK propertyUK for sale: how the wealthy hold British property via offshore firmsJohn Lennon\u2019s first home, a \u00a316.5m London mansion owned by Lewis Hamilton and the illusionist Uri Geller\u2019s country house have emerged among\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11056,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ultimate-owners-of-uk-property-may-be-forced-into-spotlight\/","url_meta":{"origin":134342,"position":2},"title":"Ultimate owners of UK property may be forced into spotlight","date":"April 21, 2016","format":false,"excerpt":"\r Government wants to stop offshore companies buying property to launder illicit funds and evade taxOffshore companies buying UK property could be forced to reveal their ultimate owners under plans being considered by ministers to crack down on tax evasion and money laundering.The proposals would shine a spotlight on the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-of-offshore-companies-with-uk-property-still-not-stating-real-owners\/","url_meta":{"origin":134342,"position":3},"title":"Thousands of offshore companies with UK property still not stating real owners","date":"January 30, 2023","format":false,"excerpt":"\r Imminent deadline to sign up to Companies House register aimed at flushing out secretive owners will be missed by many firmsThousands of offshore companies with UK properties are still not publicly declaring their ultimate owners because they are controlled by secretive trusts, new data shows.About 18,000 companies have so\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-the-government-thinks-uk-property-ownership-is-now-transparent-its-sadly-mistaken-oliver-bullough\/","url_meta":{"origin":134342,"position":4},"title":"If the government thinks UK property ownership is now transparent, it\u2019s sadly mistaken | Oliver Bullough","date":"February 3, 2023","format":false,"excerpt":"\r A legal loophole means the identities of many foreign individuals \u2013 as opposed to companies \u2013 owning property in Britain are still unknown to the publicWhen Vladimir Putin launched all-out war on Ukraine a year ago, the British government realised that letting Russian oligarchs buy large chunks of west\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/candy-brothers-may-have-paid-almost-no-uk-tax-on-27m-land-deal\/","url_meta":{"origin":134342,"position":5},"title":"Candy brothers may have paid almost no UK tax on \u00a327m land deal","date":"May 11, 2016","format":false,"excerpt":"\r Panama Papers leak shows property tycoons bought and sold Parkwood estate near Windsor using offshore companiesThe property tycoons Christian and Nick Candy bought and sold a plot of land worth \u00a327m through offshore companies that may have allowed them to pay almost no UK tax on the deal, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134342"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=134342"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134342\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=134342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=134342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=134342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}