HMRC victory in £30m anti-avoidance case | AccountingWEB

HMRC victory in £30m anti-avoidance case

The Supreme Court has ruled in favour of HMRC in a tax avoidance case worth £30m.

Software firm MCashback was offering investors rights to a loyalty card payment system, where the Tower MCashback 1 and Tower MCashback 2 ventures were used as part of an avoidance scheme.


» Register now

The full article is available to registered AccountingWEB members only. To read the rest of this article you’ll need to login or register.

Registration is FREE and allows you to view all content, ask questions, comment and much more.