HMRC warns against misleading tax avoidance schemes with raft of examples

clock • 3 min read
HMRC warns against misleading tax avoidance schemes with raft of examples

HMRC has warned that it is seeing a number of avoidance schemes and arrangements being marketed to individuals and businesses that try to reassure users that the schemes and arrangements being offered are legitimate tax planning. Such schemes are often marketed as wealth management products or dressed up as exciting investment opportunities, it said in an update on 16 May.  The nature of the schemes and arrangements may be different, and on first glance some products may appear as genui...

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