If you’ve lost money after being advised to enter a tax mitigation scheme, you may be able to claim compensation
Tax avoidance, evasion and you
Tax is complex. Over the years, the complexity has grown, and that has meant that people looking to pay less tax may have been able to exploit perfectly legal ‘loopholes’. There’s nothing wrong with this form of tax avoidance, although it will almost certainly take your accountant, financial advisor or investment fund manager to identify these opportunities for you.
But not every loophole is legal. Illegally avoiding tax is known as tax evasion.
Wrongly advised on tax – can I claim?
HMRC is the organisation that interprets legislation and determines whether the tax mitigation schemes you are a part of are legal. If your scheme is declared illegal, you’ll be required to pay a penalty which could, depending on the amount of tax you’ve avoided, run into many thousands. ClaimExperts.co.uk may be able to help you claim money back if the following apply:
- You were advised to place money into a pension, investment fund or similar to reduce your tax liability
- The scheme has now been declared illegal
- You’ve received a demand from HMRC requiring you to pay tax and/or a penalty as a result of being part of the scheme
- Your accountant or financial advisor didn’t make you aware of the risks of investing in the tax saving scheme
- You feel you were misled about the tax mitigation scheme, or misadvised about its benefits, or its appropriateness for you.
If the above apply to you, you could be entitled to compensation for the mis-advising or mis-selling of your tax mitigation scheme. Call ClaimExperts.co.uk today or complete the quick enquiry form.
Mis-advised about tax? How Much Will I Get?
The aim of any financial mis-selling compensation is to return you to the financial position you would have been in, but for the poor advice. Calculating the amount of compensation you may be entitled to as a result of incorrect tax advice is complex, but it could amount to £000s.
Remember, if you don’t win your claim, you won’t pay us anything. And there’s nothing to pay upfront.
See if you have a tax mitigation claim now.
Why Work With Us?
ClaimExperts.co.uk works with people like you every day of the week.
You trusted professional advice. You lost money as a result. And we know not just what that feels like, but the impact it can have on your life, your loved ones and even your health. That’s why we want to help.
We’re regulated by the Financial Conduct Authority. We don’t talk legal jargon. And we keep the lines of communication open – so if you need to talk to us about your claim, you can.
We know that tax mitigation advice can be bewildering. We aim to make it simpler.
Talk To Us About Your Tax Mitigation Claim Now
See if you have a claim now. Contact us on 0800 0155 687 or complete the enquiry form for a free no-obligation review.