Accountants who promote aggressive tax avoidance schemes should face criminal prosecution, according to a Conservative MP.
Icebreaker Management, the company behind recently defeated avoidance scheme Icebreaker, has threatened Deloitte with legal action.
The High Court has dismissed an attempt to challenge retrospective legislation in the 2013 Finance Bill targeting stamp duty land tax (SDLT) avoidance.
HMRC has claimed it increased its tax take by 15%, up £3.2bn on last year, bringing in a record £23.9bn from “increased activity” on unpaid tax.
HMRC has defeated another avoidance scheme designed by NT Advisors.
It used to be one of the UK’s growth industries but now the tax avoidance industry may be in its twilight years because of new laws and greater powers for HM
A contractor client of mine has been offered a tax avoidance solution from an outfit called Darwin. Essentially the contract is routed through them, the individual is paid NMW and then the remaind