Citywire: HM Revenue & Customs (HMRC) has set out plans for a new regime which will target advisers marketing tax avoidance schemes and give the taxman the power to levy fines of up to £1 million for those who fail to comply with its rules.
Full story: http://www.citywire.co.uk/new-model-adviser/hmrc-sets-out-plans-for-stricter-tax-avoidance-regime/a697012?ref=new-model-adviser-todays-news-list