Treasury crackdown on wealthy tax dodgers saves £1.5bnEric NinnUpdated Magnifying glass over a receiptThe Treasury has closed a tax loophole to crackdown on wealthy individuals trying to avoid paying their taxes.The new legislation will block the use of post-cessation trade relief being abused by wealthy individuals to reduce their tax bills.
Treasury crackdown on wealthy tax dodgers saves £1.5bnEric NinnUpdated Magnifying glass over a receiptThe Treasury has closed a tax loophole to crackdown on wealthy individuals trying to avoid paying their taxes.The new legislation will block the use of post-cessation trade relief being abused by wealthy individuals to reduce their tax bills.