Guidance

Ten things that people promoting tax avoidance schemes will not always tell you

Find a list of ten things that promoters of tax avoidance schemes will not tell you.

• From: HM Revenue & Customs
• Published: 1 February 2016
• Last updated: 27 April 2023 — See all updates

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Ten things that people promoting tax avoidance schemes will not always tell you

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This document explains what you need to know that a promoter will not tell you:

• most tax avoidance schemes do not work
• it could cost you more than you expected
• you pay a higher fee or margin for using an avoidance scheme
• you may have significant legal fees to pay
• your scheme is never HMRC approved
• you could be identified as a higher-risk taxpayer
• HMRC is likely to defeat your scheme in court
• the risk is often all your own
• you may have to pay the tax up front anyway
• your promoter may sell your outstanding loan to a third party

Published 1 February 2016
Last updated 27 April 2023 + show all updates

1. 27 April 2023

   Information on tax avoidance scheme promotion has been updated to align with new legislation.

2. 1 February 2016

   First published.