The UK General Anti-Abuse Rule (GAAR) is a new rule introduced by the UK government in 2013 to combat tax avoidance. The GAAR aims to ensure that taxpayers pay the right amount of tax by applying a new approach to the interpretation of tax laws. The rule applies to all UK taxpayers and aims to prevent tax avoidance schemes that are not in the public interest. The GAAR has been welcomed by the government as a way to increase tax revenue and reduce the cost of tax compliance for taxpayers. However, it has also been criticized by some as potentially being too broad and restrictive, and could lead to unintended consequences for taxpayers.
