The UK General Anti-Abuse Rule (GAAR) is likely to prove to be of vital importance to all tax practitioners – whether involved in aggressive planning or just planning. Anybody who has followed the Scottish Taxes Management consultation will know that one of the issues raised is whether there ought to be a broad-spectrum anti-avoidance rule specific to the Scottish taxes – to which the UK GAAR will not extend. A starting point in a consideration of this is an understanding of the approach of the Committee chaired by Graham Aaronson QC’s to the UK GAAR and the way in which that has informed draft legislation – of why it was considered that a broad-spectrum rule, rather than one which targets abusive arrangements/ steps would undermine the ability of business and individuals to carry out sensible and responsible tax planning.  

The Edinburgh Tax Network are delighted to be presenting a seminar on this interesting and topical subject on Thursday 30th May 2013 at the Mackenzie Building, Edinburgh. At this seminar John Brinsmead-Stockham, Barrister of 11 New Square, will discuss the UK GAAR, followed by a short address on the future of Ramsay after the GAAR, by Terra Firma’s Philip Simpson. The event is sponsored by Terra Firma Chambers, Lusona and Wesleyan for Lawyers. 

Registration will commence at 12.30pm. The seminar will start at 1pm and has been accredited by the Faculty of Advocates as contributing 1 hour CPD for its own members and is eligible for a similar award from the Law Society for the solicitor branch of the profession. 

Please find attached full details of this event. There is no charge for attendance but booking is necessary - to reserve a space at this event please email seminars@terrafirmachambers.com.