HM Revenue & Customs (HMRC) has won a legal case against tax avoidance scheme promoter Hyrax Resourcing, as a result of which the taxman expects to collect more than £40m in unpaid taxes.
Following the court battle, Hyrax must now disclose the details of its tax avoidance scheme to HMRC, along with the names and addresses of the 1,180 high earners who used it. If the scheme fails to comply,...
HL and Liberty SIPP slowest
Lifetime and annual allowances
'IFAs bore the brunt'
'Recovery or boom'