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UK Consultation on Proposals to Clarify Tax Treatment of Partnerships

11 August 2016

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Proposed Changes

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United Kingdom

On 9 August 2016, UK HMRC published a consultation document on areas concerning the tax treatment of partnership that the government has identified as unclear or producing an inappropriate outcome. The main areas and requested feedback include: Clarification of who is the partner chargeable to tax - feedback requested on a proposal that a person will be treated as a partner in a partnership for tax purposes if they are notified to HMRC as partners in the partnership return; Business structures that include partnerships as partners - feedback requested on a proposal that those responsible for paying the tax on...