ARTICLE · 13 OCTOBER 2015

Weekly Tax Update - Monday 5 October 2015

Smith & Williamson

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HMRC has published a summary of responses to its July 2015 consultation on the tax enquiry framework. As the outcome is not clear cut, further discussion will take place in working groups with a view to including legislation for references to a Tribunal for full or partial closure of an enquiry in either Finance Bill 2016 or 2017.

United KingdomTax

1 GENERAL NEWS

1.1 Response to HMRC consultation on tax enquiries closure rules

HMRC has published a summary of responses to its July 2015 consultation on the tax enquiry framework. As the outcome is not clear cut, further discussion will take place in working groups with a view to including legislation for references to a Tribunal for full or partial closure of an enquiry in either Finance Bill 2016 or 2017.

The main points raised in the original consultation were as follows:

the inflexibility of the current enquiry process means enquiries can take a long time to settle;
complex cases involving significant amounts of tax can delay the settlement of simpler disputes within the same enquiry; and

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