The spring statement included proposals to strengthen the HMRC's powers in tackling tax avoidance and evasion. HMRC already has significant authority to collect taxpayer information and issue "Stop Notices" to prevent the promotion of tax schemes. The new proposal introduces a "Universal Stop Notice," extending this restriction to anyone promoting the same or a "similar" scheme, with potential criminal penalties for violations. The consultation also suggests narrowing Legal Professional Privilege in specific circumstances, affecting the confidentiality between lawyers and clients.

In an article for WealthBriefing, Partner Hugo Smith outlines concerns tax professionals have with these proposals.