PBR 06: Brown closes six avoidance schemes
Chancellor uses disclosure measures to block avoidance
Gordon Brown has announced the closure of six tax avoidance schemes using the
disclosure regime introduced in the Finance Act 2004.
Legislation will target schemes that:
The Treasury estimates that avoidance policies in the budget will see £110m
saved on 2006/07, £180m in 2007/08, £195m in 2008/09 and the same sum again in