Montpelier Tax Consultants Raided

Montpelier Tax Consultants, the Isle of Man based tax consultancy embroiled in the recent BN66 court case has been raided by police officers on the Isle of Man at the request of HMRC (See the full report here). It’s not clear if the raid has anythying to do with the above mentioned case although the figures involved would seem to suggest that it may relate to some other scheme being run by the company?
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