Market leading insight for tax experts
View online issue

The New Disclosure Rules

 
Heather Self Group Tax Director of Scottish Power plc gives us her opinion on the new disclosure rules
 
Tax planning is often described as a game — perhaps four-dimensional chess or to use a more modern idiom a game of Quidditch particularly in relation to anti-avoidance rules: identifying how the House of Lords will rule on a particular transaction is about as easy as trying to catch the elusive Golden Snitch. With the new disclosure rules the Inland Revenue and Customs appear to have added at least a couple of extra Bludgers to their teams — or perhaps to have tilted the pitch significantly against the taxpayer.
 
But are the new rules really so unreasonable? The initial furore was generated as usual by complex...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top