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  • Henry Reeves & Co.

Tough Talking from HMRC

Updated: Jan 21, 2022

Whilst HM Revenue & Customs were not successful against Harry Redknapp, the day before they were more successful against an ex-Vantis tax adviser who was jailed for 18 months following a tax scam involving Gift Aid Rules and the Channel Islands Stock Exchange.

If the scheme had not been detected the taxpayer would have been defrauded of around £70m

Both investigations highlight HMRC’s continued efforts to pursue those it believes are evading tax.

A few years ago it was a time when inventing clever schemes to work around tax rules seemed acceptable, and was often encouraged by some in the profession. It would appear those times are now long gone.

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