He is one of the most feared divorce lawyers in Britain who revels in the nickname “Jaws” and has won multimillion-pound settlements for celebrities such as Sadie Frost and Irina Abramovich. Now Raymond Tooth, 81, has triumphed in court again — this time against HM Revenue & Customs over a £500,000 tax bill. Tooth has successfully argued that he should not have to pay tax due for taking part in the Romangate tax avoidance scheme — which was used by 500 people including the comedian Jimmy Carr — because the Revenue had taken too long to investigate his affairs. SponsoredFollowing a verdict in the Supreme Court last Friday, Tooth was unrepentant, saying the scheme had been sold to him as legitimate at the time.

Source: The Times May 16, 2021 22:52 UTC