I’m absolutely willing to be educated on this. I’m no tax expert. But what Neidle is highlighting are proposed powers to stop bogus avoidance schemes, not avoidance in itself. All well and good, but how does that generate more tax income? When the schemes are shut down now, liabilities are due. Sure, it might make it faster, but it’s not expanding overall tax take.
I very, very much doubt that bogus schemes account for more than the tiniest fraction of the graphic that was posted on the earlier thread.
I really cannot see that this ‘suite’ of measures means a great deal, laudable as it no doubt is.