Draft statutory instrument: Disclosure of Tax Avoidance Schemes (DOTAS)

19 May 2021

Tax avoidance schemes have received considerable media attention in recent weeks, so it is timely that HMRC has published draft regulations for consultation, which make changes to the existing Disclosure of Tax Avoidance Schemes (DOTAS) rules.

The amendments would be implemented from 9 September 2021 and would ensure that “HMRC can act decisively where promoters fail to provide information on their avoidance schemes and make taxpayers aware at an earlier stage where it suspects an avoidance scheme is being sold.”

What the changes would mean is that HMRC would be able to allocate a reference number to arrangements, or a proposal, that have not been disclosed where HMRC reasonably suspects them to be notifiable.


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