Full coverage: Revenue Commissioners

A major accountancy firm paid older partners to leave and clear the way for new talent. However, in a dispute that has implications for hundreds of other partnerships, Revenue is challenging the tax status of the payments. A High Court case looms.

The Revenue Commissioners are examining a number of cases where partners in law firms have lowered their income tax bills by sheltering profits in service companies. How does it work? And what happens next?

From offshore schemes to unregulated funds, financial advisers are always looking for a new scheme to peddle. Given some of the products on offer, it is hard not to see this as a race between the Central Bank and a series of blowouts in the marketplace.