HMRC v Purity Limited: Public Interest Winding-Up Powers Put to Work

In HMRC v Purity Limited, the High Court confirmed that HMRC can shut down businesses promoting tax avoidance arrangements without first proving a loss to the public revenue. This decision has significant implications for directors, umbrella companies, and businesses operating complex remuneration or tax structures. Our article explains the ruling and, more importantly, what it means in practice for businesses seeking to manage risk and stay compliant.