Advisers who introduced clients to the Icebreaker scheme knew "perfectly well" its sole aim was to enable tax avoidance, lawyers for an insurance company have claimed, citing a Tribunal ruling.
Icebreaker was a tax avoidance scheme that created tax losses out of nothing for wealthy people - including celebrities from pop music group Take That - which the government said could have cost the taxpayer...
Lack of innovation for solutions
Some 2,000 consumers affected
Achievements, charity work and other happy snippets
Appetite has suffered since Brexit vote
'Failure to pay attention can result in enforcement'