Tax avoidance scheme could double brewer’s bill
A tax avoidance scheme designed to make taxable interest payments disappear has been blocked for the second time by a tax tribunal.
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NT Advisors loses £100m offshore tax avoidance bid
A tax avoidance scheme sold by serial avoidance promoter NT Advisors has lost its third bid for legitimacy, saving the country £100 million.
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HMRC wins employment income avoidance case
A tax tribunal ruling against an income tax avoidance scheme is expected to protect up to £400 million in tax that would otherwise not have been paid.
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Bonus scheme stopped by tax tribunal
A tax tribunal has ruled that PAYE tax and National Insurance Contributions should have been paid on bonuses given to directors through companies which were specially set up just to be liquidated and pay out the cash.
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Medical research tax avoidance scheme rejected by court
A tax avoidance scheme, designed to abuse rules set up to encourage genuine medical research, has been successfully challenged by HM Revenue and Customs (HMRC) in court.
