Collyer’s James Badcock discusses HMRC’s investment in counter-avoidance staff

HMRC has pumped an additional 7 per cent investment into the counter-avoidance directorate staff over the past year ahead of the incoming Criminal Finance Act, which will come into effect at the end of the month. This Act will make companies criminally liable if they fail to prevent tax evasion by a member of their staff or an external agent.

James Badcock discusses what this will mean for tax avoidance schemes.