Executive summaryOn 20 July 2021, the United Kingdom (UK) Government published draft legislation intended for Finance Bill 2022 along with secondary legislation for separate consultation. The consultation on the Finance Bill measures will run until 14 September 2021. At the same time, updates on consultation documents and other tax policy developments were released alongside a new consultation on the change of basis period for income tax. This Alert highlights some of the key proposals. Detailed discussionUncertain tax treatments (UTT) Draft clauses have been published in respect of the proposed requirement for large businesses (companies and partnerships) to notify HM Revenue...