{"id":74462,"date":"2016-09-26T12:50:17","date_gmt":"2016-09-26T12:50:17","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=0773a5a20bb0ef99b7966d38113d111c"},"modified":"2016-09-26T12:50:17","modified_gmt":"2016-09-26T12:50:17","slug":"news-story-hmrc-protects-more-than-900-million-through-10th-win-against-nt-advisors","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=74462","title":{"rendered":"News story: HMRC protects more than \u00a3900 million through 10th win against NT Advisors"},"content":{"rendered":"<div class=\"govspeak\">\n<p>This means that HMRC\u2019s court successes against the serial avoidance promoter have now protected \u00a3916 million in tax. Previous successes include the defeat of the controversial Working Wheels scheme, where participants claimed to be second-hand car dealers.<\/p>\n<p>The Court of Appeal has ruled that NT Advisors\u2019 latest scheme consisted of a series of circular payments designed purely to generate tax deductions with no genuine commercial purpose. No tax relief is therefore due.<br \/>\nThe latest ruling covers 304 users and will protect \u00a3143 million for the UK.<\/p>\n<p>Jane Ellison, Financial Secretary to the Treasury, said:<\/p>\n<blockquote>\n<p class=\"last-child\">HMRC are working hard for the majority of taxpayers who play by the rules. Tax avoidance is unacceptable and HMRC has been given the tools to tackle it.<\/p>\n<\/blockquote>\n<p>Changes to the law have also ensured that any future schemes of this kind won\u2019t work as a way of avoiding tax.<\/p>\n<p>Jennie Granger, HMRC\u2019s Director General of Enforcement and Compliance, said:<\/p>\n<blockquote>\n<p class=\"last-child\">HMRC has a 100% success record against NT Advisors in the courts. If you are currently using one of their schemes, or any other avoidance scheme, we will help you get out if you get in touch with us.<\/p>\n<\/blockquote>\n<p>HMRC\u2019s dedicated helpline for people who have engaged in tax avoidance is 03000 530 435. Further information can also be found on <a href=\"https:\/\/www.gov.uk\/guidance\/tax-avoidance-an-introduction\">GOV.UK.<\/a><\/p>\n<p>In addition to the 10 litigation wins, HMRC has also successfully defended a Judicial Review brought by NT Advisors, which challenged the issue of Schedule 36 notices to obtain information on avoidance schemes.<\/p>\n<p>Last week HMRC announced that it has collected \u00a33 billion from users of tax avoidance schemes in the last two years under its \u201caccelerated payments\u201d programme, which collects disputed tax up front. It is also consulting on tough new penalties for accountants, tax planners and advisers who provide advice on how to avoid tax.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HM Revenue and Customs has won its tenth successive win against tax avoidance schemes promoted by NT Advisors.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/74462"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74462"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/74462\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}