Commentary

A7.312 Promoters of tax avoidance schemes—penalties

Administration and compliance

A7.312 Promoters of tax avoidance schemes—penalties

A7.312 Promoters of tax avoidance schemes—penalties

For the latest New Development, see ND.1740.

Promoters of tax avoidance schemes who satisfy one or more 'threshold conditions' relating to previous behaviour or who regularly promote avoidance schemes which are defeated are subject to a compliance regime. For an overview of the regime, see A7.301. This article considers the penalties charged for failure to comply with the various obligations under the regime.

The promoters of tax avoidance schemes rules are also referred to as 'POTAS'.

Penalties

For detailed commentary on the penalties for failure to comply with to comply with duties and obligations under the promoters

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