Institute Issues Tax Avoidance Guidelines
The Institute of Chartered Accountants in England and Wales (ICAEW) has given its members new advice about “aggressive” tax avoidance schemes, including a reminder about an ethical code for tax advice.
It is published as the government plans a general anti-abuse rule (GAAR) to help it tackle aggressive tax avoidance.
The disclosure of tax avoidance schemes (DOTAS) consultation is due to run until 15 October, while the consultation on the proposals for a GAAR closes on 14 September.