It’s not just celebrities and criminals who get caught out with tax avoidance schemes – ordinary, law-abiding company directors can also land themselves in trouble with HMRC simply by following what appears to be clever, professional advice on schemes that “reduce” tax.
In their fifth episode in the Business law untangled podcast series, Stephen Downie and Maria Koureas-Jones look at some of the more common tax avoidance schemes, measures the government has taken to tackle these schemes and how to deal with repayment demands by HMRC or insolvency practitioners.
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