Radical anti-avoidance measures hidden in the Spring Statement

It wasn't mentioned in the Chancellor's speech, but the Spring Statement papers contain a major suite of anti-tax avoidance proposals, probably the toughest ever introduced. If enacted this will, in effect, criminalise the tax avoidance industry. We welcome it.

I was less than flattering about the Autumn Budget, particularly the national insurance increase, farming inheritance tax change, and general failure to include any tax reform measures. However the new anti-avoidance proposals are excellent, and should be welcomed by everyone who wishes to see the tax avoidance industry ended.

My immediate reaction is here.

We'll respond to the consultation when we've been through the proposals in more detail. If you have additional thoughts, do please get in touch.