HMRC has revised its guidance on the requirement to notify an uncertain tax treatment. The section ‘When you do not need to notify us’ has been updated to clarify the extent of the public authority exemption. Subsidiaries of a public authority are not exempt unless they are owned in full by a public authority or more than one public authority.
HMRC has revised its guidance on the requirement to notify an uncertain tax treatment. The section ‘When you do not need to notify us’ has been updated to clarify the extent of the public authority exemption. Subsidiaries of a public authority are not exempt unless they are owned in full by a public authority or more than one public authority.
