View the article online at http://citywire.co.uk/wealth-manager/article/a735706
DJ Moyles & fund managers claimed to be car dealers to avoid tax
by Michelle Abrego on Feb 24, 2014 at 09:11
Exchequer secretary David Gauke said the case was another example of why taxpayers should not fall for the promises of promoters selling schemes that are ‘all too often too good to be true’.
‘Not only will the taxpayer waste money on the fees for these failed schemes, they will still have to pay all the tax, interest and penalties that are due,’ he said.
HMRC will now pursue the other users of the scheme to make sure all the taxes that are due are paid.
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