London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Labour’s warning on higher tax penalties

Ed Balls blogged that he does not see having to repay tax attempted to be avoided without a penalty as a disincentive.  He said that Labour will bring in a tough penalty regime for the General Anti-Abuse Regime (GAAR) with fines of up to 100% of the value of the tax to provide a tough and genuine deterrent.

The GAAR is still new and, as yet, there is no record of any application of the provisions.



Date: 8th December, 2014
Author: Caroline Stark


Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.


Lisa Spearman to take part in CEO Sleepout which fights homelessness and poverty. To sponsor Lisa and to read more……

A fantastic end to #WBF2019 hosted by @RyallMarketing Nicola Ryall is presenting on ‘LinkedIn Live grow your influe……



For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn