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Accountancy

– Taxman Must Steer Clear Of Advisory Board

brings you this report from the Accountancy Age website, warning that the taxman must not be allowed on the advisory panel which will look at tax schemes.

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Reviewed for 2026/27: All tax figures and HMRC rules in this article reflect current guidance for the 2026/27 tax year.

Key Considerations

“THE TAXMAN MUST STAY CLEAR of an advisory panel proposed to determine whether tax schemes are abusive, according to the CIoT and ATT.

In response to the consultation on introducing a general anti-abuse rule (GAAR), the tax bodies warned that the proposals risk handing too much power to HM Revenue & Customs.

A panel for looking into the true purpose of tax schemes – and determining whether they are contrived to avoid tax – should have no HMRC representatives.”

If you need advice about reducing your tax bills, or running your business in the most tax efficient way, please contact and we will arrange a free, one hour, no obligation consultation. You can contact us through our website or on 020 8977 3883. Also you can . Additionally, you can keep reading our daily blogs.

📌 Important: Tax rules change regularly. Always verify current figures at gov.uk/hmrc or speak to a qualified accountant.
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