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Car Dealer Tax Scheme Scrapped - DMG-network - 24-02-2014
A tribunal has found that a tax avoidance scheme which involved celebrities, fund managers and other high earners claiming that they were second-hand car dealers in their spare time did not work. The decision, which will save the country £290 million, is the fourth consecutive win by HM Revenue and Customs (HMRC) against schemes promoted [...]
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