Business and Tax News - Gaar

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November 5th 2024
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Tax Avoidance Schemes Advance HMRC Two Billion Pounds

PERSONAL TAX

Tax Avoidance Schemes Advance HMRC Two Billion Pounds

New rules from 2014 allow Taxman to issue Accelerated Payment Notices to collect tax whilst disputed tax schemes are investigated.

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HMRC rakes in cash from new powers to scrutinise tax schemes

PERSONAL TAX

HMRC rakes in cash from new powers to scrutinise tax schemes

32 million pounds taken so far from Accelerated Payment powers where tax avoidance schemes pay upfront

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