Tax avoided in the 146 conveyancing cases undertaken by Hawkins Ryan totalled at least £3.76m, and the firm was paid £500 plus VAT by the schemes for each case – £71,500 excluding VAT in total. As well as the £2,000 fine, the firm agreed to pay the SRA’s costs of £3,636.Tax avoided in the 156 transactions conducted by Benson Mazure totalled at least £3.68m, and the firm was paid £600 including VAT for each – £92,400 altogether. It agreed to pay the £2,000 fine plus costs of £12,129.

Source: Two more firms fined for SDLT avoidance schemes involvement – Legal Futures

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