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Tax professionals react to the Panorama report on avoidance
KEY POINTS
- What is the point of legitimate tax planning?
- The GAAR panel has lost its planned independence.
- Ill-informed and sensationalist reporting.
- Importance of the profession working together.
It would be fair to say that many in the tax profession greeted the BBC Panorama report Tax Lies and Videotape shown on 16 September with dismay. The following is a selection of what some who work in tax on both sides of the fence had to say.
What am I to do?
Yesterday I presented another lecture on the Finance Act 2013. Pity the undercover reporter in the front row secret camera running looking for a scoop writes Rebecca Benneyworth.
What he got was three and a half hours of updates on above the line...
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