Tax Mitigation Schemes and other risks - What’s next for Tax Advisers?

It is no secret that HMRC have, over the past years, focused heavily on tax mitigation schemes in their drive to reduce tax avoidance.

This has, in turn, had a significant impact on the professional advisers, who, often inadvertently, have been caught up in these schemes.

There are three areas of risk (not necessarily related to schemes) it is useful to highlight and these are:

1. The disclosure of offshore income;
2. MTD (Making Tax Digital);
3. Offshore payroll/the use of Personal Service Companies.

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