610. Accelerated Payment. | Taxation Law | LexisNexis

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610. Accelerated payment.

HMRC may give accelerated payment notices¹ to a person who has used an avoidance scheme² and where: (1) the person has been given a follower notice³; (2) the person has used a DOTAS notifiable arrangement⁴; or (3) the person is subject to a GAAR counteraction notice

(18) Tax Avoidance

591. Regime for disclosure of tax avoidance schemes.

592. Promoters and introducers.

593. Notifiable arrangements or proposals.

594. The duty to notify.

595. The scheme reference number.

596. Penalties for failure to disclose notifiable arrangements or notifiable proposals.

597. The introduction of the general anti-abuse rule ('GAAR').

598. Scope of the general anti-abuse rule.

599. Tax arrangements.

600. The double reasonableness test for abusiveness.

601. Role of HM Revenue and Customs guidance.

602. Case law concerning GAAR.

603. Counteraction and penalty to be applied if tax arrangements are abusive.

604. Initial action.

605. Representations from the taxpayer.

606. Referrals to the GAAR Advisory Panel.

607. Opinion of the GAAR Advisory Panel.

608. Final decision.

609. Follower notices.

610. Accelerated payment.

611. Promoters of tax avoidance schemes.

612. Serial tax avoidance.

613. Large businesses: tax strategies and sanctions.