The following consultations and calls for evidence close this month.
CGT payment window for residential property gains: Consultation on a new requirement to make a payment on account of CGT due on disposals of residential property within 30 days of completion. See bit.ly/2qXWB8u. Closes 6 June.
Cash and digital payments in the new economy: Consultation seeking views on what more can be done to prevent the use of cash to evade tax and launder money. See bit.ly/2p7HnOb. Closes 5 June.
Employment status: HMRC, HMT and BEIS are consulting jointly until 1 June 2018 on how to define more clearly the employment status rules within the current three-tier system (employee, worker and self-employed), which the government, in its response to the Taylor review of modern working practices, agreed should be retained. See bit.ly/2nTDhb5. Closes 1 June.
Energy products: EC consultation on evaluation of the EU framework for taxation of energy products and electricity.See bit.ly/2GBDqbb. Closes 4 June.
Gaming duty: HMRC is consulting on three options for changing the current six-month accounting period for gaming duty. See bit.ly/2GJ1op0. Closes: 4 June.
IHT: An OTS call for evidence and online survey to gather information for its review of IHT. See bit.ly/2rbNW36. Closes 8 June.
Insolvency and tax abuse: HMRC is consulting on proposals for tackling avoidance and evasion through abuse of the insolvency regime, including phoenixism. See bit.ly/2GSnoxW. Closes 20 June.
Northern Ireland: Views sought on the impact of VAT and APD on tourism in Northern Ireland. See bit.ly/2FPKtQn. Closes 5 June.
Online platforms: Consutation on what online platforms could do to make users aware of their tax obligations. See bit.ly/2pbdSdt. Closes: 8 June.
Profit fragmentation: HMRC is consulting on measures to prevent individuals, partnerships or companies avoiding UK tax by transferring trading profits to unrelated foreign entities. See bit.ly/2HRCCTn. Closes 8 June 2018.
Security deposit regime: Consultation on extending the existing security deposit regime to include corporation tax and the construction industry scheme. See bit.ly/2HvMVZF. Closes 8 June.
Training, self-funded work-related: A consultation on extending the tax relief available for self-funded training by employees and the self-employed. See bit.ly/2tNziTg. Closes 8 June.
Transfer pricing guidelines: Two OECD consultation documents proposing changes to the transfer pricing guidelines. See bit.ly/2KNvPIR. Closes 20 June.
VAT registration threshold: HMT is consulting on the effects of the current VAT threshold on business growth, and ways to smooth the cliff-edge effect for businesses of reaching the threshold. See bit.ly/2FPZLog. Closes 5 June.
VAT split payment for online sales: HMRC is consulting on VAT ‘split payment’ as a means of preventing online VAT fraud. See bit.ly/2pabuU5. Closes 29 June 2018.
For more details, see the consultation tracker on taxjournal.com.
Home >Articles > The consultations closing in June
The consultations closing in June
The following consultations and calls for evidence close this month.
CGT payment window for residential property gains: Consultation on a new requirement to make a payment on account of CGT due on disposals of residential property within 30 days of completion. See bit.ly/2qXWB8u. Closes 6 June.
Cash and digital payments in the new economy: Consultation seeking views on what more can be done to prevent the use of cash to evade tax and launder money. See bit.ly/2p7HnOb. Closes 5 June.
Employment status: HMRC, HMT and BEIS are consulting jointly until 1 June 2018 on how to define more clearly the employment status rules within the current three-tier system (employee, worker and self-employed), which the government, in its response to the Taylor review of modern working practices, agreed should be retained. See bit.ly/2nTDhb5. Closes 1 June.
Energy products: EC consultation on evaluation of the EU framework for taxation of energy products and electricity.See bit.ly/2GBDqbb. Closes 4 June.
Gaming duty: HMRC is consulting on three options for changing the current six-month accounting period for gaming duty. See bit.ly/2GJ1op0. Closes: 4 June.
IHT: An OTS call for evidence and online survey to gather information for its review of IHT. See bit.ly/2rbNW36. Closes 8 June.
Insolvency and tax abuse: HMRC is consulting on proposals for tackling avoidance and evasion through abuse of the insolvency regime, including phoenixism. See bit.ly/2GSnoxW. Closes 20 June.
Northern Ireland: Views sought on the impact of VAT and APD on tourism in Northern Ireland. See bit.ly/2FPKtQn. Closes 5 June.
Online platforms: Consutation on what online platforms could do to make users aware of their tax obligations. See bit.ly/2pbdSdt. Closes: 8 June.
Profit fragmentation: HMRC is consulting on measures to prevent individuals, partnerships or companies avoiding UK tax by transferring trading profits to unrelated foreign entities. See bit.ly/2HRCCTn. Closes 8 June 2018.
Security deposit regime: Consultation on extending the existing security deposit regime to include corporation tax and the construction industry scheme. See bit.ly/2HvMVZF. Closes 8 June.
Training, self-funded work-related: A consultation on extending the tax relief available for self-funded training by employees and the self-employed. See bit.ly/2tNziTg. Closes 8 June.
Transfer pricing guidelines: Two OECD consultation documents proposing changes to the transfer pricing guidelines. See bit.ly/2KNvPIR. Closes 20 June.
VAT registration threshold: HMT is consulting on the effects of the current VAT threshold on business growth, and ways to smooth the cliff-edge effect for businesses of reaching the threshold. See bit.ly/2FPZLog. Closes 5 June.
VAT split payment for online sales: HMRC is consulting on VAT ‘split payment’ as a means of preventing online VAT fraud. See bit.ly/2pabuU5. Closes 29 June 2018.
For more details, see the consultation tracker on taxjournal.com.
