A Bill to introduce a principle that any financial arrangements made by a company or individual should not have as their primary purpose the avoidance of tax; to establish a statutory rule to apply in the assessment of such arrangements; and for connected purposes.
House of Commons
26 April 2013
May contain errors — check source documents for definitive information.
The General Anti Tax-Avoidance Principle Bill would introduce a broad rule saying financial arrangements should not be made mainly to avoid tax. It would set a statutory test to help decide when an arrangement is being used for tax avoidance and guide how such arrangements are assessed by tax authorities and courts. The rule would apply to financial arrangements by both individuals and companies.
The bill is at the second reading stage in the House of Commons. If passed, it would still need to go through the remaining parliamentary stages and receive Royal Assent to become law.
Generated 21 February 2026
20 Jun 2012
No recorded votes for this bill yet.
