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UK HMRC Launches Further Consultation on Uncertain Tax Treatment Guidance

20 January 2022

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Proposed Changes

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United Kingdom

UK HMRC has launched an open consultation seeking further views on uncertain tax treatment technical guidance. The guidance concerns the requirement for large businesses to notify HMRC of uncertain tax treatments, which is to come into effect from 1 April 2022. This requirement is provided for as part of the Finance (No.2) Bill 2021-22, which is currently pending in the House of Commons. --- Technical consultation: Uncertain Tax Treatment guidance Summary We welcome views on the technical guidance for the government's new policy: Notification of uncertain tax treatment by large business. This consultation closes at 11:45pm on 1 February 2022...