Supported by the charity Tax Relief, Alexander Reid, 60, from Inverness, was declared bankrupt in 1996 after his tax returns were not filed in the early nineties and debt built up.
He was forced to sell a plant hire company for £100,000 to try and avoid the bankruptcy, but was unsuccessful. The Revenue then claimed it was owed £29,000 in PAYE and National Insurance contributions as a result of the sale.
His local MP, Angus Robertson, SNP for Moray, described the treatment Reid received as ‘a travesty’, reported The Daily Telegraph.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay