No government contracts for tax avoiders
Posted by mostafa on 18 February, 2013
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This item was filled under Tax
Individuals and businesses that have taken part in tax avoidance could be denied government contracts, under new rules unveiled by coalition ministers.
Potential suppliers will be required to notify contracting departments of their recent tax compliance history and state if any return has been found to be incorrect as a result of HMRC successfully challenging it under the general anti-abuse rule to be enacted in Finance Bill 2013, an anti-avoidance rule, or the Halifax abuse principle.