Consultation outcome

Strengthening the Tax Avoidance Disclosure Regimes for Indirect Taxes and Inheritance Tax

This consultation has concluded

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Detail of outcome

On 20 April, the government published the consultation document Strengthening the Tax Avoidance Disclosure Regimes for Indirect Taxes and Inheritance Tax, which asked for views on proposals to revise the VAT avoidance disclosure regime (VADR) and widen it to cover other indirect taxes, and on draft Regulations relating to disclosure of Inheritance Tax avoidance.

The VADR consultation developed proposals from an earlier consultation published in July 2014.

Original consultation

This consultation ran from to

Summary

A consultation on reforms and extension of the disclosure of VAT avoidance schemes and proposed changes to IHT hallmark regulations.

Documents

Consultation description

The government consulted in 2014 on proposed reforms to the scheme for disclosure of VAT avoidance schemes (VADR) to bring it more into line with scheme for disclosing avoidance in direct taxes (DOTAS). In the same consultation the government proposed changes to the existing Disclosure of Tax Avoidance Schemes hallmark regulations describing Inheritance Tax (IHT). An initial draft of regulations covering the IHT elements was subsequently published in July 2015.

This consultation takes forward both elements, including draft revisions to the hallmark regulations covering IHT. It asks for views on the proposals to make sure the disclosure regimes provide reasonable and timely information to HMRC about avoidance of these taxes and duties.