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    Wealthy find new tax loopholes before Ossie relief cap bites.

    Rich investors are preparing to shelter millions of pounds from the Tax man next year despite

    the government introducing a cap on tax relief.

    Ossie announced a year ago he would limit the amount people could offset their tax bill by the

    greater of £ 50,000 or a quarter of their income.

    Ossie`s cap was to stop hundreds of rich investors avoiding tax by creating artificial losses set

    against other income.

    However finance johnnie Tim Levy of Future Capital Partners has devised a scheme to scupper

    Ossies plans for a futher 12 months.

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