Solicitors’ tax work to fall under greater scrutiny
Posted by mostafa on 10 October, 2017
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This item was filled under Tax
Solicitors providing tax planning services could face greater scrutiny from their regulator and HMRC as the government clamps down on aggressive tax avoidance schemes.
The Solicitors Regulation Authority (SRA) has published a warning notice outlining concerns about tax work, in particular that involving the general anti-abuse rule (GAAR). This legislation was introduced in 2013 to cover schemes that ‘achieve a favourable tax result that …