Tax avoidance promoter fined

Tax avoidance promoter fined £1m

Tax avoidance promoter fined £1m A tax avoidance scheme promoter has been hit with a £1,074,600 fine after a legal challenge by HMRC.    The business was handed a near maximum allowed fine by the First Tier Tribunal (FTT) for failing to disclose an avoidance scheme to HMRC as legally required. They promoted a disguised…