Sark Lark ‘was killed off by new rules 12 years ago’

PEOPLE will always attempt to break the law but ‘to all intents and purposes’ the Sark Lark has been shut down by regulation, Seigneur Michael Beaumont has said.

PEOPLE will always attempt to break the law but ‘to all intents and purposes’ the Sark Lark has been shut down by regulation, Seigneur Michael Beaumont has said.

Mr Beaumont (pictured) spoke yesterday after Panorama aired footage of an ‘old Sark Larker’ allegedly offering to hide £6m. from the UK taxman.

‘It stopped as soon as Guernsey brought in the law, but there will always be the odd person who breaks the law,’ he said. ‘It has never occurred here again as far as I’m aware but people will, of course, move to other jurisdictions.’

Panorama claimed the Sark Lark was not dead ‘rather it has moved and gone global’ as former Sarkees relocated to jurisdictions without regulation.

‘Obviously it’s not Guernsey’s responsibility if other jurisdictions allow it,’ Mr Beaumont said.

Comments for: "Sark Lark ‘was killed off by new rules 12 years ago’"

Sark Watcher

The Sark Lark is so last century!

Surely anyone who wants to avoid a load of UK tax merely opens a coffee shop and funnels all the money through the same places Starbucks does? Simples!

In fact, make it a cyber caff and then you can also use the avoidance same tricks as Google, Microsoft etc.