Section A

Which of the following scenarios is an example of tax evasion rather than tax avoidance?

Maximizing contributions to a registered pension scheme to reduce taxable income.

A cross-border multinational deliberately suppressing sales invoices to reduce its UK Corporation Tax liability.

Transferring income-producing assets to a spouse who is a basic rate taxpayer.

Delaying the sale of an asset until the new tax year to utilize the next year's Annual Exempt Amount.