Tags: taxman

New anti tax avoidance measures mustn’t allow the taxman to pick and choose

Anti tax avoidance measures must be balanced and not introduce unnecessary uncertainty according to the Law Society. The Society has also called for any general anti avoidance rule (GAAR) to be accompanied by safeguards as recommended in a treasury-commissioned report published today. The Society believes any GAAR should guard against unacceptable levels of HMRC discretion.…