TAXtv: Spotlight on tax scheme refunds
Should promoters of tax schemes refund investors if their schemes don’t work? And what is the secret to growing your accountancy firms during an economic downturn?
These were two of the conundrums discussed by Giles Mooney and Tim Good in the February issue of TAXtv.
In Horner v Allison (and Adrian Ross) which was heard in the High Court, Mr Horner, a chartered accountant, and at the time a managing director of Atos KPMG Consulting, sued a promoter of a failed tax scheme he had invested in.