Tax Avoidance: Prosecutions
The question
To ask the Chancellor of the Exchequer, how many (a) promoters and (b) operators of schemes now subject to the Loan Charge have been prosecuted.
Answered by James Murray
Promotion or operation of mass marketed tax avoidance schemes is not, in or of itself, a criminal offence,unless the promoter is acting in breach of an HMRC Stop Notice.
One individual involved in selling Disguised Remuneration schemes subject to the Loan Charge has been convicted for a related offence. A number of individuals are currently under criminal investigation by HMRC for offences linked to schemes subject to the Loan Charge.
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