HMRC has published guidance setting out the compliance consequences for individuals and businesses that promote certain tax avoidance schemes deemed illegal under UK law. The factsheet details the regulatory framework governing prohibited scheme promotion and explains the enforcement procedures HMRC will follow against those involved in marketing or facilitating such arrangements. This guidance applies to tax advisers, accountants, and other professionals who may be tempted to market aggressive tax strategies to their clients.
Source: HMRC (GOV.UK) – Read the original