The UK government has set out new proposals for legislative changes to existing anti-avoidance regimes to strengthen HMRC’s ability to further clamp down on tax avoidance.

The proposals will mean HMRC can more effectively issue stop notices to promoters, under the Promoters of Tax Avoidance Scheme (POTAS) rules, and make it harder to promote schemes that do not work. At the same time the changes will help in preventing promoters from abusing corporate entity structures to avoid their obligations under the POTAS rules

The legislative changes will also mean HMRC can get information about the enabling of abusive schemes ...