UK Parliament / Open data

Finance Bill

The shadow Minister makes a point about the success of the disclosure scheme. It has been successful, but does he now regret not implementing a pre-commencement validation system with the Revenue before such avoidance schemes were put in place rather than a post-commencement disclosure, when the money has to be clawed back through retrospective legislation? Is it not better to avoid any avoidance happening in the first place?
Type
Proceeding contribution
Reference
513 c705 
Session
2010-12
Chamber / Committee
House of Commons chamber
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