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KEY POINTS
- Trying to define tax avoidance.
- Effect of the DOTAS regime.
- HMRC’s success rate in the courts.
- Monitor the cost of countering avoidance schemes.
Measures taken by HMRC are going some way in reducing tax avoidance but the department needs to do more.
In the report Tax Avoidance: Tackling Marketed Avoidance Schemes the National Audit Office notes that in the past four years more than 100 new avoidance schemes have been disclosed under HMRC’s disclosure of tax avoidance schemes (DOTAS) regime but there is no evidence that people are using them less.
Indeed the report says 324 different avoidance schemes were disclosed in tax returns received in 2011/12 and 2 289 schemes have been disclosed by promoters between 2004/05 and 2011/12.
On the plus side HMRC...
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