HMRC has published the results of its recent consultation on tax avoidance. The consultation, “Tackling marketed tax avoidance’ sets out proposals to require those using avoidance schemes to pay tax upfront on account and to provide incentives to resolve avoidance disputes as quickly as possible.

The government announced in the 2013 Autumn Statement that:

The consultation document sets out:

HMRC published the draft legislation on budget day (19 March 2014) and included it in the Finance Act 2014.

Links: HMRC: Tackling marketed tax avoidance