Financial Times FT.com

Pre-Budget report 2008 - Personal finance

Closer tabs on tax avoiders

By Josephine Cumbo

Published: November 24 2008 19:39 | Last updated: November 24 2008 19:39

The government is seeking to keep a tight grip on individuals and organisations who use legitimate tax avoidance measures to mitigate their tax bills.

Against a backdrop of a rising tax burden for higher-rate earners, new disclosure measures announced yesterday will mean that many more will need to declare their tax advantaged strategies to HM Revenue & Customs.

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