HMRC names five more tax avoidance schemes

News Team, 23/01/2023

HMRC has published the details of five further tax avoidance schemes, including three promoted by AML Tax.

Last year, AML Tax was fined £150,000 for failing to provide HMRC with legally required information as part of a tax investigation.

The five schemes all seek to disguise remuneration, something which HMRC classes as tax avoidance.

The three AML linked schemes are:

- Annuity Arrangements

- AML Prefunded EBT

- AML Split Contrac...

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