Tax Avoidance: Prosecutions
(asked on 8th October 2024) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many (a) promoters and (b) operators of schemes now subject to the Loan Charge have been prosecuted.
This question was answered on 16th October 2024
Promotion or operation of mass marketed tax avoidance schemes is not, in or of itself, a criminal offence,unless the promoter is acting in breach of an HMRC Stop Notice.
One individual involved in selling Disguised Remuneration schemes subject to the Loan Charge has been convicted for a related offence. A number of individuals are currently under criminal investigation by HMRC for offences linked to schemes subject to the Loan Charge.