HMRC wins Ł29 million tax avoidance case

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HMRC wins Ł29 million tax avoidance case

23rd July 2015, 11:40:AM

HM Revenue and Customs (HMRC) has defeated an artificial tax avoidance scheme involving the Brain Disorders Research Limited Partnership and Neil Hockin (one of the partners), after the First-Tier Tribunal ruled against the users’ attempts to claim Ł29 million in tax relief. The investors claimed to have spent Ł122 million on research, when in fact... Read more »
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HMRC wins Ł29 million tax avoidance case

HMRC wins Ł29 million tax avoidance case

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