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Beware tax avoidance scheme promoters – HMRC cracks down with new powers - Rotherham Taylor Chartered Accountants

Summary by Rotherham Taylor Chartered Accountants
Recent Government estimates suggest that as much as £1.8 billion is lost every year due to tax avoidance schemes.   That money, designated to fund schools, hospitals and other essential services, is in part, leading the Government to borrow more than expected.   As a result, HM Revenue & Customs (HMRC) is being given additional powers to crack down on tax avoidance and protect the public purse.   What new powers will HMRC have?  The focus of the…
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Accountants in Sutton Coldfield broke the news in on Tuesday, May 6, 2025.
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