AML Tax (UK) Ltd, which ran payment programmes, was ‘part of Doug Barrowman’s Isle of Man-based Knox Group’
Three payment programmes operated by a company linked to the husband of the Conservative peer Michelle Mone have been named as tax avoidance schemes by HM Revenue and Customs.
Douglas Barrowman, Lady Mone’s husband since they married on the Isle of Man in November 2020, is the founder and chairman of the Knox Group, a financial services and wealth management firm based on the island, which is widely considered to be a tax haven. HMRC said a Manchester-based company, AML Tax (UK) Ltd, which ran the three newly named tax avoidance schemes was “a part of Doug Barrowman’s Isle of Man-based Knox Group”.
AML Tax (UK) Ltd, which ran payment programmes, was ‘part of Doug Barrowman’s Isle of Man-based Knox Group’Three payment programmes operated by a company linked to the husband of the Conservative peer Michelle Mone have been named as tax avoidance schemes by HM Revenue and Customs.Douglas Barrowman, Lady Mone’s husband since they married on the Isle of Man in November 2020, is the founder and chairman of the Knox Group, a financial services and wealth management firm based on the island, which is widely considered to be a tax haven. HMRC said a Manchester-based company, AML Tax (UK) Ltd, which ran the three newly named tax avoidance schemes was “a part of Doug Barrowman’s Isle of Man-based Knox Group”. Continue reading…