Open Consultations

We are frequently invited to comment on matters of tax law or practice, and we also submit proactive papers to Government where we feel there are issues to be raised or we wish to stimulate discussion. This section lists open consultations on which we would welcome input. Have your say on consultations here.

All our submissions are available to view here.

On 28 April 2020 the Financial Secretary to the Treasury provided a comprehensive update on tax policy documents. As well as highlighting those consultations where the response date has been extended by three months, it also includes confirmation that some documents announced at Budget 2020 would be published on a case by case basis, and that the government will delay the publication of a number of documents until the autumn.

 


As announced at Budget 2020, the government has published a consultation on the corporation tax rules that apply to hybrid mismatch arrangements.

HM Revenue and Customs welcome views on the tax issues arising from the reform of LIBOR (London Inter-bank Offered Rate) and other benchmark rates.

Following the announcement at the Budget that the government would delay the implementation of the PAYE cap on the payable tax credit in the SME R&D scheme until 1 April 2021, the government has published a Summary of responses to last years’ consultation and a Second consultation.

The government has published a consultation on 'Tackling Construction Industry Scheme abuse'. 

HMRC welcome views on ways to raise standards and increase transparency in the tax advice market.

HMRC welcomes views on the government’s intention to require large businesses to notify HMRC where they have adopted an uncertain tax treatment.

The consultation asks for evidence and views on the potential approach to duty-free and tax-free goods arising from the UK’s new relationship with the EU.

This consultation seeks views on areas of the Plastic Packaging Tax.

As announced at Spring Budget 2020, the government is pursuing a review of the UK funds regime. This review will consider taxation and relevant areas of regulation to ensure the ongoing competitiveness and sustainability of the UK regime as it applies to a fundamental area of the financial services sector. The government made two specific announcements at Spring Budget 2020. The first is a review of the VAT charged on fund management fees. The second is this consultation, which seeks to gather evidence and explore the attractiveness of the UK as a location for the intermediate entities through which alternative funds hold fund assets.

HM Revenue and Customs (HMRC) proposes to update its charter which sets out the standards of behaviour and values that HMRC aspires to when interacting with customers.