{"id":633,"date":"2015-02-03T14:57:52","date_gmt":"2015-02-03T14:57:52","guid":{"rendered":"http:\/\/www.bainesjewitt.co.uk\/blog\/?p=633"},"modified":"2015-02-03T14:57:52","modified_gmt":"2015-02-03T14:57:52","slug":"hmrc-opens-consultation-on-penalties-for-serial-tax-avoiders","status":"publish","type":"post","link":"https:\/\/www.bainesjewitt.co.uk\/blog\/hmrc-opens-consultation-on-penalties-for-serial-tax-avoiders\/","title":{"rendered":"HMRC opens consultation on penalties for serial tax avoiders"},"content":{"rendered":"<p>HMRC has published a new consultation \u2013 \u201cStrengthening Sanctions for Tax Avoidance\u201d \u2013 with proposals for how to tackle serial tax avoiders and the schemes they seek to benefit from.<!--more--><\/p>\n<p>Running until 12<sup>th<\/sup> March, the consultation makes suggestions including additional financial penalties (such as a surcharge) for repeated use of schemes that fail, and a requirement for more in-depth reporting to be carried out on users of multiple schemes that fail.<\/p>\n<p>There are also plans to publish the names of those who have used multiple failed tax avoidance schemes, in a similar method to how the details of deliberate defaulters are published.<\/p>\n<p>The Government has changed tax legislation on numerous occasions since June 2010, in order to deter tax avoidance.<\/p>\n<p>Among the new methods implemented to tackle the issue are the introduction of accelerated payment notices<strong> <\/strong>(APNs), demonstrated by the recent media focus on a number of professional footballers who have received them; follower notices; increased regulation of DOTAS (disclosure of tax avoidance schemes); the promoters of tax avoidance schemes (POTAS) regime; and the general anti-abuse rule (the GAAR).<\/p>\n<p>HMRC already has multiple powers against tax evasion, but the consultation seeks to enforce a more rigorous clampdown.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HMRC has published a new consultation \u2013 \u201cStrengthening Sanctions for Tax Avoidance\u201d \u2013 with proposals for how to tackle serial tax avoiders and the schemes they seek to benefit from.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/633"}],"collection":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=633"}],"version-history":[{"count":1,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/633\/revisions"}],"predecessor-version":[{"id":634,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/633\/revisions\/634"}],"wp:attachment":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}