09-07-2015, 06:40
Even the article states this case is against the company that was liquidated in 2012. I cannot see how that is up for debate!!! Seems the reason why HMRC is still pursuing this is that they fear the first case caused a precedent that could open the door for other companies to do this and they want to win it to remove the option completely. In reality, even if they win this case they won't technically get anything from the company but they will set a legal precedent to stop others doing this and to possibly go after those individuals who benefitted from it.