The days of the more aggressive forms of tax avoidance arrangements appear to be coming to an end but with victory in sight, warns Neil MacGillivray, HMRC is showing no sign of letting up its efforts
As part of the Spring Statement, the government issued a policy paper, headed Tackling tax avoidance, evasion, and other forms of non-compliance, which set out its approach and achievements in tackling these issues. The paper reveals some interesting facts and clearly demonstrates HM Revenue & Customs (HMRC) is making significant headway. It is hard to believe that, since 2010, more than 100 measures have been introduced to tackle these areas. The changes, alongside HMRC's compliance work, have secured and protected some £200bn in tax revenue which would not have otherwise been paid. Whi...
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