Tax advisers could face £1m fines in HMRC crackdown

Laura Miller
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HM Revenue and Customs (HMRC) is launching a major new crackdown on tax avoidance targeting the advisers and promoters of avoidance schemes - and plans penalties of up to £1m.

In a consultation out today HMRC lays out its plans to identify publicly those it calls "high-risk" promoters of avoidance schemes, isolating them from "mainstream" advisers. A spokesperson for the...

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