The London cityscape. HMRCs expanding powers in tackling in tackling tax avoidance schemes

HMRCs expanding powers in tackling tax avoidance schemes—Solicitor's Journal

Semin Taner, Associate in the Russell-Cooke Solicitors, regulation and compliance team.
Semin Kaycin
1 min Read

Associate Semin Kaycin has written an article in the Solicitor's Journal exploring the implications of the Finance Bill 2024 focusing on HMRC's expanding powers in tackling tax avoidance schemes. The article delves into the proposed amendments, including the creation of a new criminal offence for promoters of tax avoidance schemes and the empowerment of HMRC to initiate director disqualification proceedings, shedding light on the potential impact on tax enforcement strategies.

The proposed Finance Bill 2024 will add a further string to the bow of HMRC in tackling POTAS by granting them and the courts greater powers in restricting those who engage in high risk' tax avoidance schemes through the criminal courts."
Semin Taner, Associate in the Russell-Cooke Solicitors, regulation and compliance team.
Semin Kaycin • Associate
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The full article is available to view via an online PDF from Solicitor's Journal.

Semin Kaycin is an associate in the regulation & public law team, advising clients who are being prosecuted by local authorities for regulatory breaches such as, individuals or organisations breaching planning notices, HMO licences and taxi licence renewal licence applications.

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In the press Regulation and public law HMRC Finance Bill 2024 Tax avoidance schemes director disqualification stop notice obligations conduct notices threshold condition tax advice anti-corruption policy decisions LLPs insufficiency of funds Company Directors Disqualification Act 1986 financial penalty fraudulent evasion tax evasion