SERIOUSLY! YOU HAVE BEEN OFFERED A DISGUISED REMUNERATION LOAN CHARGE SOLUTION?

Over the last month or so we have received many queries regarding the Disguised Remuneration Loan Charge and the options available in particular to avoid the Loan Charge. As the deadline for when the Loan Charge applies edges ever closer,...

Serial Tax Avoiders – HMRC Factsheet Published

The serial tax avoiders (FA 2016, s 159 and Sch 18) legislation took effect from Royal Assent 15 September 2016 albeit that the key operative date is not until 6 April 2017 - transitional arrangements apply to schemes entered into...

Finance Bill 2016: Serial avoiders special regime

Following the announcement at the March 2015 Budget and subsequent consultation, the government has decided to press ahead in Finance Bill 2016 with a special regime for serial tax avoiders. The regime will apply to taxpayers who have engaged in...

Further Consultation on Strengthening Sanctions for Tax Avoidance

In January this year, HMRC consulted on various measures to toughen the environment for both serial avoiders and serial promoters of tax avoidance schemes.  This summer HMRC issued a further consultation document, building on that earlier consultation.  The primary aim...

More consultations due on Marketed Avoidance Scheme deterrence

Despite predictions of Autumn Statement announcements on the latest measures to deter marketed avoidance of schemes, HMRC seem to be out of ideas on how to effectively tackle the source and the end user. So it’s back to the consultation...