The Chancellor’s “moral repugnance” towards both tax evasion and “aggressive” tax avoidance fuelled an anti-avoidance crackdown that will see the introduction of a general anti-avoidance rule (
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Prime minister David Cameron today set the government on course to introduce an anti-avoidance tax rule for big business and wealthy individuals.
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Tax barrister Graham Aaronson this week set out the case for a limited General Anti-Avoidance Rule in a Treasury-commissioned study.
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The Treasury is launching a review into introducing a general anti-avoidance rule (GAAR), but the proposed measures are unlikely to solve the problem, tax experts have warned.
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The Budget mapped out a raft of tax-saving measures including the possible revival of a general anti-avoidance rule (GAAR).
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On Tuesday Treasury minister David Gauke confirmed the government’s intention to establish an Office of Tax Simplification (OTS).
