ARTICLE · 30 JANUARY 2014

Weekly Tax Update - Monday 27 January 2014

Smith & Williamson

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HMRC has issued an update on its work to tackle tax evasion.

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Smith & Williamson

1 GENERAL NEWS

1.1 HMRC's work tackling tax evasion

HMRC has issued an update on its work to tackle tax evasion.

www.gov.uk/government/uploads/system/uploads/
attachment_data/file/271776/HMRC_issue_briefing_-_tackling_tax_evasion.pdf

1.2 Promoters of tax avoidance schemes and DOTAS

By way of response to the 2013 'Raising the Stakes on Tax Avoidance' consultation, which elicited voices of concern about some of the proposals, HMRC has issued draft legislation expected to take effect from Royal Assent of the Finance Bill 2014 to:

facilitate the obtaining of further information from promoters of tax avoidance schemes;
strengthen their powers to deal with responses to information requests that are incomplete; and

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