HMRC’s New Strategy to Strengthen Tax Avoidance Sanctions
2nd October 2016
One of the measures announced in this year’s budget statement was the plan to ensure that advisors and service firms facilitating tax avoidance systems should be held responsible for supporting such activities. At PNGFormation we wholly support this approach. As much as the responsibility lies on the individual’s side, often their avoidance activities are supported by the third parties, using their advice, support, and provision of schemes created in the full knowledge that they are used for tax avoidance purposes.