FCSA welcomes HMRC’s plan to penalise advisors who promote tax avoidance schemes but fires note of caution
The UK’s largest independent trade association for accountancy providers and umbrella firms, the Freelancer & Contractor Services Association (FCSA), today welcomed a consultation document issued by HMRC which outlines plans to penalise accountants who help their clients to avoid tax. HMRC proposes fining advisors up to 100% of tax avoided which is in contrast to the…