Non-doms and nil rate bands: Six ‘Emergency Budget’ predictions
By International Adviser, 19 Jun 15
Chris Groves and Sophie Dworetzsky from international law firm Withers outline six of their expectations for July’s Budget.
3) Tax avoidance
Will we see further measures in the same tone as accelerated payment notices and an increase in tax controversy?
Given the advent of the common reporting standard, HMRC is going to be getting reams of information rather soon, which will mean greater use of investigations and therefore potentially the introduction of further measures which will enable the Treasury to monetise that information without having to wait for an investigation to be concluded in the taxpayer’s favour.
Tags: Non Doms | UK Adviser | Withers
