Policy papers and consultations

The direction specifies the fraud header information that Making Tax Digital for VAT software will need to collect and deliver to HMRC along with tax information.

• From: HM Revenue & Customs
• Updated: 14 March 2024

We welcome views on this technical consultation on 2 related draft Statutory Instruments published with supporting Explanatory Memoranda.

• From: HM Revenue & Customs
• Updated: 14 March 2024

• (Draft) Explanatory Memorandum to The Income Tax (Pay As You Earn) (Amendment) (No. ***) Regulations 2024

  1. Introduction This Explanatory Memorandum has been prepared by HM…

• (Draft) Explanatory Memorandum to the Income Tax (Additional Information to be included in Returns) Regulations 2024 

  1. Introduction This explanatory memorandum has been prepared by HM…

• (Draft) Statutory Instruments impacts: improving the data HMRC collects from its customers

  Who is likely to be affected Shareholders in owner-managed businesses, the…

Screening equality impact assessment for Basis Period Reform.

• From: HM Revenue & Customs
• Updated: 11 March 2024

• Screening equality impact assessment for Basis Period Reform

  Project objectives The Basis Period Reform (BPR) measure simplifies how…

This measure restricts the geographical scope of agricultural property relief and woodlands relief on and after 6 April 2024 to the UK only.

• From: HM Revenue & Customs
• Updated: 6 March 2024

Proposals to raise standards by strengthening the regulatory framework in the tax advice market and to improve registration.

• From: HM Revenue & Customs
• Updated: 6 March 2024

Consultation on the UK implementation of the OECD Cryptoasset Reporting Framework and amendments to the Common Reporting Standard, seeking views on extension to domestic reporting.

• From: HM Revenue & Customs
• Updated: 6 March 2024

We welcome views on the draft regulations for Electronic Sales Suppression (ESS), which detail the approach HMRC will take when charging interest on late payment of penalties for ESS tools.

• From: HM Revenue & Customs
• Updated: 4 March 2024

We welcome views on how a range of topics relating to HMRC’s enquiry and assessment powers, penalties, and safeguards could be reformed.

• From: HM Revenue & Customs
• Updated: 15 February 2024

This technical consultation seeks views on draft regulations to update existing regulations on the use of trade losses for Corporation Tax purposes in the event of transfers of business by building societies.

• From: HM Revenue & Customs
• Updated: 31 January 2024

HMRC’s initial equality impact assessment of the Self Assessment Helpline revised service offer from December 2023 to January 2024.

• From: HM Revenue & Customs
• Updated: 29 January 2024

We welcome views on this technical consultation on draft regulations and guidance.

• From: HM Revenue & Customs
• Updated: 25 January 2024

We welcome views on this technical consultation for the proposed new Income Tax (Digital Requirements) (Amendment) Regulations 2024 and associated notices.

• From: HM Revenue & Customs
• Updated: 7 December 2023

Directions for individuals using HMRC online services to claim a VAT refund for DIY housebuilding.

• From: HM Revenue & Customs
• Updated: 1 December 2023

This measure is about a change to the time limit to submit a notification of a grant of enterprise management incentives options.

• From: HM Revenue & Customs
• Updated: 23 November 2023

This tax information and impact note covers a reduction in the main rate of Primary Class 1 National Insurance contributions from 6 January 2024, the main rate of Class 4 National Insurance contributions from 6 April 2024 an…

• From: HM Revenue & Customs
• Updated: 23 November 2023

This measure is about extending the scope of Tonnage Tax to include elections into the regime by third party ship managers.

• From: HM Revenue & Customs
• Updated: 22 November 2023

This measure is about amending the legislation to increase the maximum sentence from 7 to 14 years for all criminal penalties applied in cases of fraud in relation to revenue and duties.

• From: HM Revenue & Customs
• Updated: 22 November 2023

This measure is about the necessary changes to the legislative framework to modernise the way registered pensions schemes, using relief at source arrangements, claim tax relief on members’ pension contributions from 6 April …

• From: HM Revenue & Customs
• Updated: 22 November 2023

This measure is about increasing the limits on capital allowances that lessors of ships can claim on the cost of providing ships for use by ship operators in the tonnage tax regime.

• From: HM Revenue & Customs
• Updated: 22 November 2023

This measure is about changes to the data HMRC requires from employers, some shareholders in owner-managed businesses, and customers who are self-employed.

• From: HM Revenue & Customs
• Updated: 22 November 2023