Corporate Governance
Tax campaigners issue warning over ‘stooge’ directors
HMRC’s consultation on ‘tougher consequences for promoters of tax avoidance’ highlighted a problem of individuals being recruited to act as ‘stooge’ directors
The Low Incomes Tax Reform Group (LITRG) has issued a warning to people on lower incomes of the potential risks when answering an advert to become a director of a company in exchange for a fee, as it may be a form of tax avoidance.
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