Have YOU received an accelerated payment notice?

The Accelerated Payment scheme was introduced in order to collect disputed tax upfront and since its introduction in 2014, HMRC have collected £1 billion from users of tax avoidance schemes.

HMRC have issued more that 24,000 APNs (Accelerated Payment Notices) since 2014 and by 2016 expect to have issued 64,000 bringing in £5.5 billion by 2020.

David Gauke, Financial Secretary to the Treasury said “The Government will not tolerate tax avoidance and accelerated payments has been a real game changer.”

“It is no longer possible for these individuals to avoid tax and sit on the money while their affairs are investigated. This first £1bn received in accelerated payments shows that we are turning the tables on those looking to avoid paying their fair share.”

Attempts made to question the legality of the APNs have been unsuccessful, with a High court challenge by investors in Ingenious Media film partnerships failing.


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