When I was looking for a new accountant a few years ago, I went to one who suggested that I cut my tax bill by investing in a film finance scheme. I said I didn’t think that would work for me and hired someone else. Thank goodness I did.
HMRC has now published a list of over 1,200 tax-avoidance vehicles it intends to pursue with its new powers – which allow it to demand immediate up-front payment from suspected wrongdoers.
The scale here, says Alison Steed in The Sunday Times, means that it isn’t just the very well-off [...]