HMRC have published guidance on the proposed general anti-abuse rule (GAAR). The GAAR was included in Finance Bill 2013, which is currently going through Parliament. The guidance is available on HMRC's website, and covers, inter alia, the following: -   the purpose and status of the guidance; -   what the GAAR is intended to achieve; -   how the GAAR will operate; and -   the relevant procedures to be followed in applying the GAAR.