New UK measures to counter avoidance schemes in line with OECD’s BEPS initiative

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New UK measures to counter avoidance schemes in line with OECD’s BEPS initiative

Sophie Harding
August 27 2014

HM Revenue & Customs (HMRC) has announced new measures to dissuade taxpayers from using avoidance schemes which involve the transfer of corporate profits. Taxpayers will need to familiarise themselves with the new measures and review their company’s arrangements to ensure they are not caught out.

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Sophie Harding worked at ITR between 2014 and 2015
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