Guidance

Ten things that people promoting tax avoidance schemes will not always tell you

Find a list of ten things that promoters of tax avoidance schemes will not tell you.

Documents

Details

This document explains what you need to know that a promoter will not tell you:

  • most tax avoidance schemes do not work
  • it could cost you more than you expected
  • you pay a higher fee or margin for using an avoidance scheme
  • you may have significant legal fees to pay
  • your scheme is never HMRC approved
  • you could be identified as a higher-risk taxpayer
  • HMRC is likely to defeat your scheme in court
  • the risk is often all your own
  • you may have to pay the tax up front anyway
  • your promoter may sell your outstanding loan to a third party

Updates to this page

Published 1 February 2016
Last updated 27 April 2023 + show all updates
  1. Information on tax avoidance scheme promotion has been updated to align with new legislation.

  2. First published.

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