The UK's judicial system is planning to recruit dozens of new judges for tax tribunals to cope with a "wave of litigation" that is expected in response to the government's latest crackdown on tax avoidance, the Financial Times reported.
MPs last week voted for measures aimed at stopping “aggressive and contrived tax avoidance schemes”. Under changes contained in the Finance Bill 2014, users of disputed schemes and those reported under DOTAS will have to pay the disputed tax up front.
Investors in film financing, stamp duty land tax avoidance and other...
About Nick Huber
I’m a specialist business journalist and have a particular interest in tax and technology.