Anti-Avoidance legislation was introduced by the UK government to prevent taxpayers from using various tax avoidance schemes to reduce their tax bills.

It allows HMRC to scrutinise more closely how business owners might choose to extract money from their companies. Widely drawn, its reach covers business and individual taxpayers (or their advisers).

This legislation is usually triggered when HMRC suspects there’s been a deliberate attempt to avoid paying tax or to circumvent  the tax rules as laid down in the statute book.

By its nature, it is often written subjectively, making its application one of the most difficult areas of UK tax law. As you might think, comprehending exactly how it works calls for high levels of corporate tax expertise.

At Jerroms Miller Specialist Tax we draw on our vast knowledge of the legislation, our understanding of jurisprudence and our experience of HMRC’s own interpretation and practice to confidently advise on how the anti-avoidance rules are applied and the client’s level of exposure to risk.

Our team can assist in a variety of ways and has particular experience in Transactions in Securities (TiS), Targeted Anti- avoidance Rules (TAAR) (anti-phoenixing) and settlements.

We can help you enter into a transaction, review your existing arrangements and, of course, we can assist you with HMRC enquiries in these areas.