Accountants and lawyers who devise schemes to help the wealthy could be fined up to 100% of sum avoidedAccountants, bankers and lawyers who devise elaborate schemes to help the wealthy avoid paying their fair share of tax will be hit by a tough recent penalty.
The chancellor announced on Wednesday that professional enablers will be fined up to 100% of the tax their client avoided whether an HMRC investigation finds the scheme they helped create falls foul of the rules. Continue reading...
Source: theguardian.com