HMRC knocks out promoter who used own avoidance scheme

Designer of the Root2 Tax Ltd avoidance scheme was beaten at the First Tier Tribunal by HMRC

HMRC has won a significant First Tier Tribunal case involving a tax avoidance promoter, Root2 Tax Ltd, that used an avoidance scheme designed and promoted by themselves.

The result could lead to the recovery of £2.4 million in tax and National Insurance Contributions (NICs) in this case, with a further £110 million in related cases.

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