Spring Budget 23: Persistent tax avoidance promoters face charges

Information released following Chancellor Jeremy Hunt's speech today (15 March) said the government plans to consult on the introduction of a new criminal offence for promoters of tax avoidance who fail to comply with a legal notice from HMRC to stop promoting a tax avoidance scheme.  Spring Budget 23: Annual investment allowance for firms raised to £1m It added that the government would also consult on "expediting" the disqualification of directors of companies involved in promoting tax avoidance including those who exercise control or influence over a company. The government also...