TY  - BOOK
TI  - Tax clampdown
T2  - Inside Housing
PY  - 2004///
KW  - TAX AVOIDANCE SCHEME
KW  - HOUSING ASSOCIATIONS
KW  - LEGISLATION
N2  - Hundreds of housing associations could be hit with large fines for tax avoidance as part of a clampdown by HM Customs and Excise. Under the new tax avoidance legislation which came into force in August 2004, housing associations are required to disclose the use of certain tax avoidance schemes. Failure to do so will result in a fine of either £5 000 or 15% of the tax saved. The National Housing Federation is drafting an urgent notice to warn associations of the potential dangers
ER  -