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No change in HMRC approach for routine tax planning

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In response to concerns expressed by accountancy firm RSM that HMRC’s latest single departmental plan suggested HMRC would attack all forms of tax planning, the department has stated that: ‘There is no change to the normal, everyday use of tax reliefs as intended by Parliament … But, when reliefs are manipulated in a way the law does not intend, to achieve an unfair tax advantage it is only right that HMRC steps in on behalf of the vast majority of taxpayers who play by the rules’.

Issue: 1312
Categories: News