Monday 11 November 2013

Sharp fall in declared tax avoidance schemes: is HMRC winning?

Saffrey Champness: Recent figures from HM Revenue & Customs (HMRC) indicate that the number of declared tax avoidance schemes in the UK have continued to fall in the six months to September this year, to a very low number. For that period, only 30 schemes were registered, comparing with 89 in the 2012-3 tax year, 151 in 2011-12, and, looking further back, 607 in 2005-6.

Full story: http://www.saffery.com/news-and-events/press-releases/2013/8-nov-2013.aspx