Authorities have collected just 3% of overseas entities register fines
The Financial Times reports that only 14 non-compliance penalties have been collected so far, bringing in a mere £700k.
No fines have been issued for failing to comply with the Register of Overseas Entities, yet
But the government says it is "currently building cases against companies who have failed to register by the deadline, working with law enforcement to prioritise action against the most egregious offenders.
The Register of Overseas Entities seems to be working, as UK property deals involving tax havens fall
New research suggests improved transparency in the property market means 'Londongrad' is losing its appeal to corrupt money...
Register of Overseas Entities reaches ‘significant milestone’ with over 30,000 registrations
Government chalks up a win as Companies House says its focus remains on 'rigorously enforcing compliance.'
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Industry Reactions: Transactions plunge following Stamp Duty hike
Official data indicate the biggest ever monthly drop in home sales.
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