Finance Bill 2020-21

HMRC signpost changes to legislation on notification of uncertain tax treatment

By George Crozier on 30 October 2020

The House of Lords Economic Affairs Committee’s Finance Bill Sub-Committee has questioned representatives of HMRC, the IFS Tax Law Review Committee and TaxWatch, and a tax tribunal judge, as part of its inquiry into new HMRC powers contained in Draft Finance Bill 2020-21.

Licence issuers doubtful tax checks will have significant impact

By Hamant Verma on 26 October 2020

The House of Lords Economic Affairs Committee’s Finance Bill Sub-Committee held an inquiry into proposals for new tax checks on licence renewal applications. Witnesses were from the Institute of Licensing, National Association of Licensing and Enforcement Officers, British Metals Recycling Association, Licensed Taxi Drivers Association and Licensed Private Hire Car Association.

Peers question professional bodies on promoters and powers

By Hamant Verma on 13 October 2020

The House of Lords Economic Affairs Committee’s Finance Bill Sub-Committee is looking at Draft Finance Bill 2020-21, focusing on three areas of the Bill, all related to the powers of HMRC:

New proposals for tackling promoters and enablers of tax avoidance schemes;
New tax checks on licence renewal applications; and
Amendments to HMRC’s civil information powers.