In a somewhat unusual move, HMRC have published details of six tax planning mechanisms which they are monitoring and are prepared to challenge.
The six schemes are:
- CT relief claims in respect of goodwill, where companies acquire businesses carried on prior to 1 April 2002 by a related party.
- VAT Schemes in connection with the leasing of pleasure craft
- "Artificial" surpluses on pension schemes
- Employment related liabilities and losses
- Certain trust arrangements to secure deferral of PAYE and NIC
- Certain arrangements relating to Employer-Financed Retirement Benefits Schemes
Fuller details are available here