When the tax man shows up with a £200 million bill, you do not cut a quiet check and move on. You lawyer up. You zoom out. And if you are Michael Platt, you take the fight all the way to the UK Supreme Court. That is exactly what BlueCrest Cap...
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BlueCrest Escalates £200m Tax Fight to the Supreme Court
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Subscribe30 JAN 2026 / ACCOUNTING & TAXES
BlueCrest Capital Management, a hedge fund founded by Michael Platt, has taken its case to the UK Supreme Court over a £200 million tax bill from HM Revenue and Customs (HMRC). The case will determine how partnerships and remuneration structures, particularly those within the finance and professional services sectors, are defined for tax purposes.
When the tax man shows up with a £200 million bill, you do not cut a quiet check and move on. You lawyer up. You zoom out. And if you are Michael Platt, you take the fight all the way to the UK Supreme Court. That is exactly what BlueCrest Cap...
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