HMRC have updated their guidance on promoters of tax avoidance schemes to provide more information on stop notices.
Sections 4.1 and 4.2 of the guidance have been updated to clarify who has the power to give and the conditions for stop notices. The update in section 4.1 confirms that the Government introduced legislation for two new criminal offences relating to stop notices in FA 2024.
The update in section 4.2 provides details of the governance steps where the conditions for issue of a stop notice are met.
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HMRC have updated their guidance on promoters of tax avoidance schemes to provide more information on stop notices.
Sections 4.1 and 4.2 of the guidance have been updated to clarify who has the power to give and the conditions for stop notices. The update in section 4.1 confirms that the Government introduced legislation for two new criminal offences relating to stop notices in FA 2024.
The update in section 4.2 provides details of the governance steps where the conditions for issue of a stop notice are met.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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