Tax Avoidance Schemes - Labour is after you

[dude69]

I'm sure that the smart providers will find something new that they can try with the same degree of success.

The cynic in me says that there must be some other loopholes that can be exploited.

You are required to disclose avoidance schemes now though.

HMRC has made it clear from this action that whatever you disclose will be closed in the next budget or two.

Just don't bother.

[TheFaQQer]

I still reckon that there will be some way for those that want to do so, to push the legislation a bit.

Not for me, but I'm sure there are plenty out there who would do it.

[BrilloPad]

I think there will always be these schemes going on - and what one should do depends on one's risk profile.

[Sir_Edward_Matheson]

I think there will always be these schemes going on - and what one should do depends on one's risk profile.

Indeed, as can be seen from one of these schemes publicly saying that they already have a new plan in place backed by Counsel's Opinion, now that the old one has been invalidated.