Helen Lethaby considers whether HMRC is at risk of over-egging the pudding with its proposed changes to the DOTAS rules, and reviews HMRC's recent victories in tax avoidance cases.
DOTASWhile the myriad piecemeal changes in law which have resulted from it may not have made the UK tax regime any prettier there is no denying that the disclosure of tax avoidance schemes (DOTAS) regime has proved to be one of HMRC’s more effective weapons. The regime has been fine-tuned on a number of occasions since its introduction in 2004 and HMRC is now proposing a number of further quite significant changes designed to give it even more teeth. The question however – switching metaphors – is whether HMRC is at risk of over-egging the pudding.
The proposed changes...
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