Robert Venables KC Phil Manley connection

[cojak]

Remember those two names?

Well here is a Tax Policy Associates article that explains their connection and the Citadel scheme:

The KC who sold a hopeless tax avoidance scheme without declaring a conflict of interest

[cojak]

And we all need to remember this:

In 2014, Jolyon Maugham (not then a KC) wrote an article about the “Boys Who Won’t Say No” – the handful of tax KCs who had a reputation for issuing opinions that avoidance schemes would work.

Those opinions were vital for the promoters selling the scheme, as they could reassure clients that they had a KC opinion. However in practice these schemes were doomed, and had no real prospect of success – the clients would almost certainly lose their money. But the KCs knew that the clients couldn’t sue them, because the KC’s client was the promoter, who did just fine out of the scheme. And only the client can sue.

(And since TPA has quoted us enough times, I’m sure they won’t mind when we do the same to them…)