Commentary

I11.724 High-risk promoters

IHT, trusts and estates

I11.724 High-risk promoters

I11.724 High-risk promoters

Legislation to enable HMRC to monitor closely those who are considered to be high risk promoters of tax avoidance schemes was introduced in 2014 and includes those promoting inheritance tax avoidance arrangements1. A person is a promoter in respect of a relevant proposal if, at any time, the person is responsible for the design of the proposed arrangements, makes a 'firm approach' to someone with a view to making the proposal available for implementation by that person or another, or makes the relevant proposal available for implementation by others. A conduct notice can be issued

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