Draft regulations: DOTAS, DASVOIT and POTAS regimes
We welcome views on draft regulations for the DOTAS, DASVOIT and POTAS regimes, which amend the existing DOTAS, DASVOIT and POTAS regulations.
Detail
The Tax Avoidance Schemes (Information), The Indirect Taxes (Disclosure of Avoidance Schemes) and The Promoters of Tax Avoidance Schemes (Prescribed Circumstances under Section 235) (Amendment) Regulations 2021
The draft statutory instruments would take effect on 9 September 2021, making consequential amendments as a result of provisions in the Finance Bill 2021 to ensure that HMRC can act decisively where promoters fail to provide information on their avoidance schemes and make taxpayers aware at an earlier stage where it suspects an avoidance scheme is being sold.
Before submitting your views, we recommend that you read the following draft statutory instruments:
- Disclosure of Tax Avoidance Schemes (DOTAS) (draft statutory instrument)
- Disclosure of Avoidance Schemes for VAT and Other Indirect Taxes (DASVOIT) (draft statutory instrument)
- Promoters of Tax Avoidance Schemes (POTAS) (draft statutory instrument)
Documents