The Finance Bill 2005

Download or read book The Finance Bill 2005 written by Great Britain: Parliament: House of Lords: Select Committee on Economic Affairs and published by The Stationery Office. This book was released on 2005-07-04 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the third in a series of reports, which began with the Finance Bill 2003, that examine the technical issues of tax administration. The focus of this report is 'Countering Tax Avoidance' because of it is both important to the Government's taxation strategy and the projected yields are great. The key provisions examined are: Clause 6 and Schedule 1, Disclosure of the Value -Added Tax Avoidance Schemes; Clause 12 and Schedule 2, Direct Tax-Employee Securities Anti-Avoidance; Clause 39 Schedule 7, Avoidance involving Financial Arrangements.