A TAX avoidance firm linked to the husband of PPE-scandal peer Michelle Mone is being wound up after it was hit with a £150,000 fine.
AML Tax (UK) Ltd, described as part of the Isle of Man-based Knox Group set up by Baroness Mone's husband, Doug Barrowman, was penalised for not giving HMRC legally required information and is in liquidation.
HMRC has said AML "aggressively promoted tax avoidance schemes in the UK for years".
Mr Barrowman and lingerie tycoon Baroness Mone are at the centre of a PPE storm after a carcrash BBC interview this month.
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