Disclosure of Tax Avoidance Schemes – FA 2004 ss 314A and 306A – two applications for an EBT structure and a separate annuity arrangement – Whether arrangements notifiable – Whether respondent a ‘promoter’- Whether grandfathering applies – Main benefit and tax advantage tests – Application of premium fee and standardised tax product hallmarks – Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations 2006, SI 2006/1543, regs 8, 10 and 11.
Citations:
[2022] UKFTT 114 (TC)
Links:
Jurisdiction:
England and Wales
Taxes Management
Updated: 27 April 2022; Ref: scu.675682