{"id":67387,"date":"2016-02-08T14:40:31","date_gmt":"2016-02-08T14:40:31","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=c9a206f2ce38b83eb677b3ce7f2d3aa7"},"modified":"2016-02-08T14:40:31","modified_gmt":"2016-02-08T14:40:31","slug":"press-release-taxman-seizes-more-than-2-billion-from-tax-avoidance-scheme-users","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=67387","title":{"rendered":"Press release: Taxman seizes more than \u00a32 billion from tax avoidance scheme users"},"content":{"rendered":"
\n

New statistics reveal that HMRC<\/abbr> has collected more than \u00a32 billion in disputed tax from tax avoiders, under rules introduced by the government in 2014.<\/p>\n

The new Accelerated Payments notices mean that users of tax avoidance schemes pay disputed tax up-front while their tax-affairs are investigated, instead of waiting until they are concluded. Given HMRC<\/abbr> wins 80% of cases that go to court, this eliminates the financial advantage that tax avoiders previously enjoyed.<\/p>\n

The Financial Secretary to the Treasury, David Gauke, said:<\/p>\n

\n

We will not tolerate tax avoidance and Accelerated Payments has been a real game changer.<\/p>\n

HMRC<\/abbr> already wins the vast majority of cases that go to court and now HMRC<\/abbr> has taken more than \u00a32 billion from tax-avoiders who would have otherwise benefitted from that cash while they were being investigated.<\/p>\n

It should be absolutely clear to anyone who is tempted by these schemes that tax-avoidance does not pay.<\/p>\n<\/blockquote>\n

Jennie Granger, Director General for Enforcement and Compliance, HMRC<\/abbr>, said: <\/p>\n

\n

Accelerated Payments continue to turn the tables on individuals looking to avoid paying their fair share of tax. Those who take part in tax avoidance now have to pay up-front and dispute later. It really is time to get out of avoidance \u2013 HMRC<\/abbr> wins the vast majority of cases that people litigate, with many more settling before litigation.<\/p>\n

HMRC<\/abbr> is now issuing over 3,000 Accelerated Payment Notices a month, and has issued over 41,000 notices since Accelerated Payments were introduced. By the end of 2016, HMRC<\/abbr> expects to have completed issuing notices, bringing forward over \u00a35 billion in payments for the Exchequer by March 2020.<\/p>\n<\/blockquote>\n

Notes for Editors<\/p>\n

    \n
  1. \n

    Accelerated payments were introduced in the Finance Act 2014 and National Insurance Contributions Act 2015.<\/p>\n<\/li>\n

  2. \n

    They apply where avoidance schemes are subject to the Disclosure of Tax Avoidance Schemes rules or the General Anti-Abuse Rule, or where they are similar to a scheme that\u2019s already been defeated in the courts.<\/p>\n<\/li>\n

  3. \n

    An accelerated payment notice is issued to the taxpayer to collect the outstanding tax. Once they receive the notice, they have 90 days to pay or make representations to HMRC<\/abbr> if they consider the notice is incorrect \u2013 either if the conditions are not met or the amount is wrong.<\/p>\n<\/li>\n

  4. \n

    Taxpayers retain full appeal rights against the substantive tax liability. If the case is taken to litigation and the taxpayer ultimately wins, HMRC<\/abbr> will repay the tax with interest.<\/p>\n<\/li>\n

  5. \n

    Anyone wishing to settle an avoidance issue should contact HMRC<\/abbr> immediately on 03000 530435.<\/p>\n<\/li>\n

  6. \n

    Our earlier press release can be seen here<\/a><\/p>\n<\/li>\n

  7. \n

    Follow HMRC<\/abbr> Press Office on Twitter @HMRCpressoffice<\/a> <\/p>\n<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Over \u00a32 billion has been collected from users of tax avoidance schemes as a result of new government measures to collect disputed tax upfront.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/67387"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67387"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/67387\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}