HMRC was forced to concede a humiliating defeat today as it made an application to withdraw its case against a group of investors in the QROPS who had challenged HMRC’s earlier decision to de list the scheme and seek charges of up to 55% on their pensions.
This is clearly a victory for common sense. How can HMRC list a scheme as authorised, the public invest, then HMRC de-list and attempt to tax. HMRC was forced to concede a humiliating defeat today as it made an application to withdraw its case against a group of investors in the QROPS who had challenged Read More