HMRC has updated its disclosure of tax avoidance schemes (DOTAS) and disclosure of tax avoidance schemes: VAT and other indirect taxes (DASVOIT) guidance to add details of HMRC’s power to issue a scheme reference number (SRN) where it reasonably suspects a scheme to be notifiable.
Under DOTAS or DASVOIT, HMRC can allocate an SRN to a scheme in two ways:
HMRC has also added a new section to the guidance on publishing details of schemes, promoters and suppliers. After notifying a promoter or supplier of the SRN it has given to a scheme, HMRC can publish the name of the promoter or supplier. Before publishing, HMRC must allow them the opportunity to make representations about why their details should not be published and give full consideration to those representations.
HMRC has updated its disclosure of tax avoidance schemes (DOTAS) and disclosure of tax avoidance schemes: VAT and other indirect taxes (DASVOIT) guidance to add details of HMRC’s power to issue a scheme reference number (SRN) where it reasonably suspects a scheme to be notifiable.
Under DOTAS or DASVOIT, HMRC can allocate an SRN to a scheme in two ways:
HMRC has also added a new section to the guidance on publishing details of schemes, promoters and suppliers. After notifying a promoter or supplier of the SRN it has given to a scheme, HMRC can publish the name of the promoter or supplier. Before publishing, HMRC must allow them the opportunity to make representations about why their details should not be published and give full consideration to those representations.