CityWire: HM Revenue and Customs (HMRC) has won a legal battle against a tax avoidance scheme saving £190 million of tax. HMRC challenged a tax avoidance scheme promoted by Matthew Jenner of NT Advisors who pushed the scheme to 400 customers in 2006.
Full story: http://www.citywire.co.uk/new-model-adviser/hmrc-wins-court-battle-over-190m-tax-avoidance-scheme/a682690?ref=new-model-adviser-todays-news-list