Tax avoidance penalties for enablers – Latest news from Mark Davies

You may have read in the press that HM Revenue and Customs (“HMRC”) has released a consultation document outlining the latest measures to crack down on perceived Tax Avoidance by UK taxpayers by targeting “enabler” including tax advisors, offshore trustees and banks. The consultation, entitled “Strengthening Tax Avoidance Sanctions and Deterrents”, is purported to be…