Taxes Consolidation Act 1997 section 811D

Transactions to avoid liability to tax: surcharge, interest and protective notifications

Section 811D imposes a surcharge on persons who claim a tax advantage from a tax avoidance transaction, provides for the making of protective notifications to mitigate the consequences of a transaction being found to be a tax avoidance transaction, and allows for reduced surcharges where a qualifying avoidance disclosure is made.