Income Tax

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The difference between tax avoidance and tax evasion

In its haste to gain Royal Assent before June’s general election, the Finance Bill saw over half its contents removed. But the intent to crack down on tax avoidance still permeates its pages. So it doesn’t hurt to understand what that entails – and what the difference between tax avoidance and tax evasion is.

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Accounts & Tax
The scourge of taxes

The Daily Telegraph headline on 5th August disclosed that “ministers are pressing ahead with a £1bn online voucher system that will benefit 2.5m households. However, about 1.2m who choose to stay at home to look after their children will not be eligible for help”.

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