And here we see the thin dividing line between tax avoidance and evasion in sharp focus. Or, as I’m sure HMRC would prefer, rather soft focus, as the pot very loudly calls the kettle black (kids etc.). I’m sure there will be endless assurances of arms length and no wheels with wheels. But if you’ve lost your house, as many have, because you followed your accountant’s advice and put your freelance earnings offshore thought you were helping struggling film directors then had a huge tax bill or just messed up your VAT and had men knocking your door, it must all seem, quite frankly, rather smelly.
“IHT to be ‘battleground policy’ in general election as receipts continue to grow”
Just when you thought Inheritance Tax was to become yesterday’s news, it’s back as, apparently and potentially, a ‘battleground policy’ as the election looms.