Commentary

(2) Follower notices and accelerated payment notices

Division BII Taxation of Employment Income
| Commentary

(2) Follower notices and accelerated payment notices

| Commentary

(2)     Follower notices and accelerated payment notices

A range of provisions designed to promote early settlement of disputed tax avoidance schemes, and early payment of disputed tax, were introduced in the Finance Act 2014 (ss 199–233, and Schs 30–33) with effect from 17 July 2014. In summary, the aim of the legislation is to allow HMRC to take advantage of its success in the courts in defeating tax avoidance schemes, by applying the relevant result in litigation with other taxpayers who rely on the same, or substantially

To continue reading
Analyse the law and clarify obscure passages all within a practical context.