TITLE

Freedom clients face £66m tax hit

AUTHOR(S)
Pow, Helen
PUB. DATE
September 2009
SOURCE
Money Marketing;9/17/2009, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the lawsuit filed by HM Revenue & Customs (HMRC) against pension administrator Freedom Sipp in Great Britain. The lawsuit was filed due to a dispute between Freedom Sipp and HMRC involving outstanding value-added-tax (VAT) payments. It indicates that HMRC's appeal may de-register the pension scheme of Freedom Sipp which could provide a tax charge of 66 million pounds to its clients.
ACCESSION #
44677959

 

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