A year since a concerted clampdown by HMRC, disguised remuneration schemes involving gold bullion are still being marketed to clients. In May 2016, HMRC announced a curb on disguised remuneration schemes using gold bullion as an asset, saying in its view they constitute tax avoidance and warning that it plans to crack down on individuals who continue to use them. But despite those warnings, some boutique tax firms continue to promote them.
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