HMRC warns UK businesses about tax avoidance scheme

By Yahoo! Finance   |   6 days ago
HMRC warns UK businesses about tax avoidance scheme

HMRC warns UK businesses about a tax avoidance scheme involving advertising expenses and loyalty points to reduce taxable profits. The scheme may not qualify for tax reliefs and could lead to tax liabilities for directors. HMRC advises companies to seek independent advice and comply with tax regulations.

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