HMRC proposals on tax avoidance receive Royal Assent

Proposals by HM Revenue & Customs (HMRC) to crackdown on tax avoidance received Royal Assent earlier this month, meaning that the taxman will be able to issue Follower Notices, where it considers principles established in one case as apposite to another, and can require individuals to pay disputed tax in advance of agreeing the final position in a case. Continue reading