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HMRC seeks chair of GAAR advisory panel

printer Mail

HMRC is inviting applications for the post of chair of the GAAR advisory panel, which will approve HMRC’s guidance on the general anti-abuse rule set to take effect from April 2013 and give opinions to HMRC and taxpayers about the rule’s application to individual cases.

Yesterday’s autumn statement confirmed the introduction of the UK’s first GAAR ‘to provide a significant new deterrent to abusive avoidance schemes and strengthen HMRC’s means of tackling them’. Guidance and draft legislation will be published later this month.

HMRC will not be represented on the panel or the interim group to be led by Graham Aaronson, the barrister whose study group reported to HM Treasury last year on the merits of a general anti-avoidance rule.

The chair of the advisory panel, who will be unpaid, will be responsible to the Commissioners for Revenue and Customs for leading the work of the panel; advising the commissioners on appointments to the panel; selecting panel members to consider individual cases, and for ensuring that the panel’s opinion is delivered to the parties; managing and delivering the panel’s approval of HMRC’s guidance to the commissioners; and delivering an annual report to the commissioners on the panel’s activity, including cases considered and its review of the guidance.

Applications are invited by 20 December.