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29 Jan 2010
HMRC could be in line to take up to £200m of backdated tax after a High Court ruling gave the green light to anti-avoidance legislation.
IT consultant Robert Huitson had brought a test case against the retrospective nature of anti-avoidance rules in the 2008 Finance Act, but Justice Kenneth Parker ruled the backdating on tax demands did not breach human rights.
The fact that the Government had not carried out an assessment "of how individual taxpayers might be affected financially" could not affect the proportionality of the retrospective legislation, reported the Telegraph.
The ruling could affect up to 3,000 people.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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