Finance Bill

That is a fair point, but I was going to say that the Treasury at one stage, in the halcyon days of new Labour, began a consultation on the phenomenon of the desirability of a general anti-avoidance rule, or GAAR. Interestingly, it said:""The United Kingdom is unusual"—" unusual—""among developed countries in having neither a statute nor an established legal principle to counter tax avoidance in general. Many other countries in the developed world have found such a rule or principle to be a very useful remedy for countering tax avoidance, although not a universal cure.""