"Tax inspector Phil Manley who backed avoidance scheme disappears
A financial advisor who endorsed a suspected tax avoidance scheme has vanished, leaving clients facing fines for failing to settle their tax bills.
Phil Manley, a former tax inspector, was revealed by The Times in April last year to have been behind Insella, a scheme based in Cyprus that claimed to help freelance workers avoid penalties from HM Revenue & Customs. The “loan charge” penalties have been levied against 50,000 workers, including locum nurses, accused of disguised remuneration — being paid in non-refundable loans to reduce tax bills."
Source: Tax inspector Phil Manley who backed avoidance scheme disappears | Money | The Times
Generic DOOM LEVEL:
DOOM LEVEL for people who paid:
A financial advisor who endorsed a suspected tax avoidance scheme has vanished, leaving clients facing fines for failing to settle their tax bills.
Phil Manley, a former tax inspector, was revealed by The Times in April last year to have been behind Insella, a scheme based in Cyprus that claimed to help freelance workers avoid penalties from HM Revenue & Customs. The “loan charge” penalties have been levied against 50,000 workers, including locum nurses, accused of disguised remuneration — being paid in non-refundable loans to reduce tax bills."
Source: Tax inspector Phil Manley who backed avoidance scheme disappears | Money | The Times
Generic DOOM LEVEL:
DOOM LEVEL for people who paid:
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