Management of Taxes

 


As expected as part of the ‘Tax Day’ announcements, HMRC has published the second consultation on notification of uncertain tax treatment by large businesses, as well as a summary of responses to the first consultation.

HMRC issued a consultation document on 23 March 2021 'Clamping down on promoters of tax avoidance see Clamping down on promoters of tax avoidance - GOV.UK building on the package of measures to tackle promoters that was consulted on last year and which are in the current Finance (No 2) Bill.

MPs have concluded debate on the committee stage of Finance Bill 2021, with debate on tax evasion and avoidance, property taxation and support to business.

MPs begin debating the Finance Bill in committee today. Committee of the Whole House will take place on Monday 19 and Tuesday 20 April, with public bill committee commencing on Thursday 22 April.

This page bring together briefing notes and representations from the CIOT, our Low Incomes Tax Reform Group and our sister body, the Association of Taxation Technicians, produced for committee stage of Finance Bill 2021, which begins on Monday 19 April. 

The Chartered Institute of Taxation (CIOT) respond to the HMRC consultation Making Tax Digital for Corporation Tax.

The Chartered Institute of Taxation has welcomed today’s announcement of a further £180 million investment in 2021-22 for additional resources and new technology for HMRC, but urges HMRC to ensure that represented taxpayers are not left behind.

The House of Commons Treasury Committee has published its much-awaited report on Tax after Coronavirus, the most ambitious parliamentary report ever produced on tax reform.

The Chartered Institute of Taxation (CIOT) respond to the HMRC consultation on Follower Notices and Penalties.

The Treasury Select Committee took evidence from CIOT and other professional bodies on the ecomomic impact of Coronavirus. A second session took evidence from two economists.