“Is the taxman’s word his bond?” by Mala Kapacee, specialist in preparation of disclosures to HMRC and resolution of tax enquiries

Mala Kapacee highlights a troubling case involving an HMRC-approved tax scheme that caused huge anxiety when the Revenue changed its mind.

In my role as a tax investigations adviser, I see the full range of clients, those who took reasonable care or were mis-advised, those who made mistakes and those (the minority) who committed fraud. People who took part in tax avoidance arrangements fall into the first of these categories; they were advised that the arrangements they were going into had HMRC approval.

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