CIOT response: Draft Finance Bill 2024 – dealing with promoters of tax avoidance | Tolley

CIOT response: Draft Finance Bill 2024 – dealing with promoters of tax avoidance

Published on: 14 September 2023

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Specialist Tax Regulatory Materials

Article summary

The CIOT has commented on the draft Finance Bill 2024 legislation which introduces a new strict liability criminal offence for a person who, without reasonable excuse, fails to comply with a stop notice issued by HMRC requiring them to stop promoting a tax avoidance scheme.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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