HMRC goes after Elysian Fuels 'green' scheme investors

Pedro Gonçalves
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HMRC goes after Elysian Fuels 'green' scheme investors

Hundreds of people who invested in Elysian Fuels, a now defunct green-energy partnership, are facing hefty tax bills from HMRC even as they have lost their money. Some £180m is believed to have been invested in Elysian through personal pension plans, with most investors being ordinary workers. However, it also attracted Rafa Benítez, the football manager, bankers and professional footballers. The scheme, set up by Future Capital Partners (FCP), was sold as a green investment into Britai...

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