Finance ACT 2007
TheFinance Bill 2007 received Royal Assent on 19 July and is now The Finance Act 2007.
The Finance Act 2007 is available at http://www.opsi.gov.uk/acts/acts2007/ukpga_20070011_en.Pdf.
Finance Act 2007 introduces new legislation which will enable HMRC to enquire into cases of suspected noncompliance by promoters of tax avoidance schemes. Further information is available at http://www.hmrc.gov.uk/avoidance/index.htm.
A joint HMT/HMRC consultation document on three new capital allowances measures announced at Budget 2007 is available on the HMRC website.