TaxPersonal TaxArctic Systems battle restarts

Arctic Systems battle restarts

Arctic System House of Lords hearing begins today

arctic systems

The controversial tax battle between Geoff and Diana Jones of Arctic Systems
against HM Revenue & Customs, has reached the House of Lords.

The hearing, which is expected to last three days, focuses on their company
structure in which each partner is paid a salary and paid dividends to minimise
their tax bill.

The legal battle has rumbled on for three years, but the first Arctic Systems
tax bill questioned by HMRC was in 2001.

Further reading:

Arctic Systems: a
timeline

Tories join Arctic debate

HMRC to request Arctic appeal

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