Spotlight 68: Using prepaid debit cards for profit extraction to reduce profits and disguise income

Published on: 31 March 2025

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Specialist Tax Regulatory Materials

Article summary

HMRC has published Spotlight 68, which highlights a scheme that uses advertising and marketing expenditure to reduce profitability and disguise income in the form of redeemable loyalty points.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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