HMRC is strengthening enforcement against promoters and advisers who market aggressive tax avoidance schemes to individuals and businesses. The initiative includes the General Anti Tax-Avoidance Principle Bill and draft disclosure requirements for tax professionals, aiming to disrupt the supply chain of marketed avoidance arrangements. The policy is currently active with legislative and regulatory measures in development.
In response to: Proposals to close in on promoters of marketed tax avoidance
In response to: Proposals to close in on promoters of marketed tax avoidance
Second Reading 14:19:00 Mr Michael Meacher (Oldham West and Royton) (Lab): After extensive debate on two consensual Bills, I have 11 minutes left in which to introduce this Bill, so I will make the case as briefly as I can. …
A Bill to introduce a principle that any financial arrangements made by a company or individual should not have as their primary purpose the avoidance of tax; to establish a statutory rule to apply in