HMRC Adds Four More To Tax Avoidance List

HMRC has updated (11/04/24) their published list of named tax avoidance schemes and promoters with the addition of four more companies: Acacia Management Services Limited Alphasaint Limited Ultra Employment Limited Worx 4U Limited.Abchurch Ltd They have also removed details of promoters/suppliers of two tax avoidance schemes first published in April 2023.  This is because the […]

HMRC’s Deceit Regarding Loan Scheme Convictions

HMRC’s Chief Executive Jim Harra has been accused of deliberately deceiving the Treasury Select Committee at an oral evidence session last month.   In response to questioning about whether HMRC has pursued promoters of loan schemes, Harra said the following: “I believe that in recent years we have successfully prosecuted or convicted about 20 promoters of […]

Call For Action Against Recruiters Recommending Disguised Remuneration Schemes

HMRC has recently been consulting on “Tougher Sanctions Against Promoters Of Tax Avoidance” which had two main proposals: firstly new criminal offence for promoters who continue marketing a scheme after a stop notice has been issued; and secondly speeding up disqualification of directors of companies involved in promoting tax avoidance schemes. These are both laudable […]

HMRC Names Two More Tax Scheme Promoters

HMRC has again updated their list of named tax avoidance schemes and promoters, this time with the addition of Buckingham Wealth Ltd and Minerva Services Ltd.  Both of these latest named companies are incorporated in Belize. Buckingham Wealth Ltd and Minerva Services Ltd operate by paying money into an offshore remuneration trust which is then transferred […]

HMRC’s Tax Avoidance List Is A Farce!

Regular readers will know that we have been reporting on HMRC’s published list of “named tax avoidance schemes” since it’s inception in April 2022.  Although it is not a fully comprehensive list we have always supported it as a step in the right direction to help people who might otherwise be unwittingly caught up in […]

HMRC Names Tax Avoidance Schemes

HMRC have added three more to their ‘name and shame’ list of tax avoidance schemes. They are: Novus Consultants Limited ( formerly Novus Ltd) (NOL) / Contractor Corner Accounting Limited (CCA) Paybox Umbrella Limited T2 Outsourcing Limited Those already listed were: Absolute Outsourcing Peak PAYE Limited Purple Pay Limited / Equity Participation Scheme Saxonside Limited […]

HMRC Grilled: Why Haven’t They Pursued Loan Scheme Promoters?

Over the years there has been a lot of talk about HMRC’s commitment to pursue promoters of tax avoidance schemes, however it seems that nothing has been done to tackle loan scheme promoters and MPs are demanding to know why.  The Loan Charge and Taxpayer Fairness APPG has written to Jim Harra, HMRC’s Chief Executive, […]