Corbel Partners awaits HMRC settlement on historic tax arrangements

The financial advice network estimates that the eventual liability relating to two Employer Financed Retirement Benefit Schemes (EFRBS) will be about £650,000, but says the final figure remains subject to HMRC's calculation. The company told Professional Adviser that it expects its payments on account to exceed the eventual settlement, potentially resulting in a repayment. However, it said it could not confirm how much might be returned because HMRC has yet to establish the final amount due. Corbel said HMRC had previously indicated that it expected to provide the final figure in Apri...