[mertle]

Originally Posted by martyh

http://www.hm-treasury.gov.uk/tax_avoidance_gaar.htm

It would appear that efforts are well under way

this is worth a read as well

http://www.telegraph.co.uk/news/poli...loopholes.html

good to hear. However this crunch one issues those who living abroad to ovoid tax this hardest nut to crack.

not suggesting this idea not even sure it workable. The idea tax billionairres world wealth tax of 1%.

http://www.policymic.com/articles/82...n-billionaires

---------- Post added at 23:38 ---------- Previous post was at 23:25 ----------

Originally Posted by Hugh

I think it is to stop companies undertaking proposed schemes which may be challenged - I think it is good as a deterrent, but retro-activity concerns me for the reasons danielf mentioned.

Well another solution on this ban those who instigated it from holding directorships/management roles. Punish those who instigate the evasion. Lifetime or at least first offence 10 years from being involved in any involvement in any business. That would mean extra powers to company house. Breach it can result in being jailed.

That way hurt the individuals doing the evation not the business.