Financial Times, 10 March 2007
"Richard Rhys, chief executive of MNFA, a financial adviser, expects a wave of new tax schemes to emerge within days to mop up the excess demand from high earners. “The avoidance industry has a voracious appetite. There are so many people looking to shelter or defer tax that other opportunities will not be far away."”

Money Marketing, 22 Feb 2007
We think this one's just about big enough for you to read!

 

Here is the City (online), 22 Feb 2007
"And finally (and here's one in the eye for Mr Hain), new research from leading wealth adviser MNFA estimates that City bankers will pay $3.7bn more in tax from last year's record $17.1bn bonus pot than they need to.
Richard Rhys, CEO of MNFA, says that 'City high flyers are too busy making money to spend time thinking about how they should protect their wealth from the clutches of the tax man. There are a number of perfectly legitimate ways for people to reduce their liabilities this tax year, but only a handful of people ever fully explore their options'. High earners are said to be able to minimise their tax and capital gains by a variety of methods, including pensions, Venture Capital Trusts and Enterprise Investment Schemes, Film Partnerships and GAAP based Schemes."

 

Citywire, 7 March 2007
"As City high-fliers bank their windfall bonuses, the Chancellor could be taking £1.9 billion in taxes more than he should says research by wealth adviser MNFA.
An estimated 25,000 City workers will get a share of a £8.8 billion bonus pot this year yet 64% of high-earners surveyed by MNFA claimed they were financially unsophisticated.
Research showed that the average banker earns £120,000 per year and will receive a bonus of £480,000. However, due to the lack of tax knowledge they could be handing over as much as £192,000 more than they need to."