Guidance

Disclosure of Tax Avoidance Schemes: hallmark regulations - summary of responses and next steps

Summary of response on draft changes to the exisiting Disclosure of Tax Avoidance Schemes (DOTAS) hallmark regulations along with draft regulations for a new financial products hallmark.

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The government consulted in 2015 on draft changes to the exisiting DOTAS hallmark regulations describing standardised tax products, loss schemes and Inheritance Tax along with draft regulations for a new financial products hallmark.

This document summarises the responses received and the regulations The Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) (Amendment) Regulations 2016 which will be laid alongside the publication of this response document. This document also announces that the government intends to develop a revised draft Inheritance Tax hallmark for further consultation in 2016.

Published 2 February 2016