HM Revenue and Customs (HMRC) ten things series sets out how to spot the signs of avoidance, the common pitfalls, and the consequences.
Ten things series gives people the plain facts about specific areas of tax avoidance in simple terms.
If you’re already in a tax avoidance scheme, this guidance can also help you get out of it, rather than go through the cost and stress of investigation and litigation. HMRC wins around 8 out of 10 avoidance cases that taxpayers choose to litigate, and many more people choose to settle with us before their case reaches that stage.
For more information on specific tax avoidance schemes, HMRC has published more detailed guidance in the spotlight on tax avoidance series.