PART 5Miscellaneous and final
Reviews
93Review of effectiveness of provisions on tax avoidance
1
The Chancellor of the Exchequer must review the effectiveness of the provisions of this Act relating to tax avoidance and lay a report of that review before the House of Commons within six months of the passing of this Act.
2
In this section, “the provisions of this Act relating to tax avoidance” means—
a
section 15 and Schedule 3,
b
section 16 and Schedule 4,
c
sections 19 and 20,
d
section 22 and Schedule 7,
e
section 23 and Schedule 8,
f
sections 47 and 48,
g
section 84.
3
A review under this section must consider in particular—
a
the effects of those provisions in reducing tax avoidance and evasion,
b
the effect of those provisions in inducing new tax avoidance measures unanticipated by the Act, and
c
estimates of the efficacy of the provisions in reducing the tax gap in each tax year from 2018-19 to 2028-29.