Revenue hones in on BPRA avoidance schemes | AccountingWEB

Revenue hones in on BPRA avoidance schemes

HMRC has issued a spotlight warning on tax avoidance schemes related to business premises renovation allowances.

The Revenue said that it is aware of a number of schemes which exist to exploit this, and will investigate anyone using them.

Its early enquiries found that the schemes are “seriously flawed”.

The business premises renovation allowances (BPRA) exists to support...


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