OPPOSITION to the motion that tax avoidance is an unacceptable exploitation of the tax system has taken a ten-point lead in Accountancy Age‘s inaugural online debate.
BDO tax partner Stephen Herring leads Tax Justice Network founder Richard Murphy with 55% of the vote following the second day of discussion.
The second day saw the introduction of a guest voice in the debate, provided by Pinsent Masons partner Ray McCann.
McCann observed “a taxpayer must be taxed only on the basis of clear law” and “a taxpayer does not need to stand still and allow HMRC to take the largest amount possible out of his pocket”, before going on to analyse arguments advanced by Herring and Murphy.
Tomorrow sees Herring and Murphy return to make rebuttals against each other’s arguments, before Thursday’s closing statements.
To follow the debate and get involved, click here.
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Lord Howard Leigh of Hurley discusses the government’s initiatives to mitigate tax avoidance and evasion
Top 50+50: Demand for tax advisory services remains high, but fee pressure is expected in relation to compliance services
The demand for tax advisory services remains high and this looks to continue; but fee pressure is expected in relation to compliance services as the “Making Tax Digital” initiative is rolled out,