Policy paper

Draft legislation: Disclosure of Tax Avoidance Schemes (DOTAS)

This draft legislation is to strengthen some hallmarks and to introduce a new one.

This publication was withdrawn on

This draft legislation has now been withdrawn. Summary of responses and next steps can be found at Disclosure of Tax Avoidance Schemes: hallmark regulations - summary of responses and next steps



Following consultation in 2014, Finance Act 2015 strengthened aspects of the DOTAS regime. Further changes to the ‘hallmarks’, which describe the detail of arrangements that fall to be disclosed, are contained in regulations. Draft regulations to strengthen some hallmarks and to introduce a new one are published for an 8 week technical consultation.

The DOTAS hallmarks being amended are those describing Standardised Tax Products, Loss Schemes, and avoidance involving Inheritance Tax. The existing Confidentiality and Premium Fee hallmarks are also being changed to include arrangements involving Inheritance Tax. A new hallmark describing certain Financial Products is being introduced.

The draft regulations will have effect from the date the final negative instruments are made by Parliament. The intention is to lay these regulations before Parliament in the autumn once this technical consultation is complete.

Any comments should be emailed by Thursday 10 September 2015.

Published 16 July 2015