Disclosure of tax avoidance schemes

Legislation

Income Tax, Corporation Tax, Capital Gains Tax, Stamp Duty Land Tax and Inheritance Tax

• Primary legislation
• Secondary legislation

National Insurance contributions

• Primary and secondary legislation

Value Added Tax

• Primary and secondary legislation

Income Tax, Corporation Tax, Capital Gains Tax, Stamp Duty Land Tax and Inheritance Tax

Primary legislation

Disclosure

• S309-S319 Finance Act 2004 (Opens new window)

Penalties

• The Taxes Management Act 1970
  • Part X, Penalties etc
    • Section 98C Notification under Part 7 of Finance Act 2004 (as inserted by s.315 of Finance Act 2004) (Opens new window)
    • Section 100(2)(f) Determination of Penalties by Officer of Board (as inserted by s.315 of Finance Act 2004)
    • Section 100C Penalty Proceedings before Commissioners

Legislation amending Finance Act 2004 and Taxes Management Act 1970

• S108 Finance Act 2007 (Opens new window) (amends Finance Act 2004 and TMA 1970 S98C and introduces powers of enquiry)
• Section 116 (Opens new window) and Schedule 38 (Opens new window) Finance Act 2008 (amends Finance Act 2004 and TMA 1970 S98C to improve the Scheme Reference Number system)
• Section 56 (Opens new window) and Schedule 17 (Opens new window) Finance Act 2010 (amends Finance Act 2004 and S98C and introduces a range of measures to strengthen and improve DOTAS) - with effect from 1 January 2011
• The Transfer of Tribunal Functions and Revenue & Customs Appeals Order 2009 (SI 2009/56) (Opens new window) (Regulations 36, 46, 429-434 are relevant)

Other relevant legislation

• The Taxes Management Act 1970
  • Part IV Assessment and Claims (Opens new window), Section 36 Fraudulent or negligent conduct (as amended by Schedule 39.9(2) of Finance Act 2008 (Opens new window))
  • The Finance Act 2008, Schedule 39 (Appointed Day, Transitional Provision and Savings) Order 2009 (SI 2009/403) (Opens new window)
• Finance Act 1998
  • Schedule 18.46 (Opens new window) (as amended by Schedule 39.42 of Finance Act 2008 (Opens new window))
  • The Finance Act 2008, Schedule 39 (Appointed Day, Transitional Provision and Savings) Order 2009 (SI 2009/403) (Opens new window)
• The Appeals (Excluded Decisions) Order 2009 (SI 2009/275) (Opens new window)

Income Tax, Corporation Tax, Capital Gains Tax, Stamp Duty Land Tax and Inheritance Tax

Secondary legislation

Prescribed Descriptions of Arrangements

• The Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations 2006 (SI 2006/1543) (Opens new window)
• The Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) (Amendment) Regulations 2009 (SI 2009/2033) (Opens new window)
• The Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations 2010 (SI 2010/2834) (Opens new window) - with effect from 1 January 2011

Prescribed Descriptions of Arrangements for Stamp Duty Land Tax

• The Stamp Duty Land Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations 2004 (SI 2005/1868) (Opens new window)
• The Stamp Duty Land Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) (Amendment) Regulations 2010 (SI 2010/407) (Opens new window)
• The Stamp Duty Land Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations (Amendment) Regulations 2012 (SI 2012/2395) - with effect from 1 November 2012

Specified Proposals or Arrangements for Stamp Duty Land Tax

• The Stamp Duty Land Tax (Avoidance Schemes) (Specified Proposals or Arrangements) Regulations 2012 (SI 2012/2396) – with effect from 1 November 2012

Prescribed Descriptions of Arrangements for Inheritance Tax

• The Inheritance Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations 2011 (SI 2011/170) (Opens new window) - with effect from 6 April 2011

Information requirements

• The Tax Avoidance Schemes (Information) Regulations 2012 (SI 2012/1836) (consolidated) (Opens new window) - with effect from 1 September 2012
• Destination Table for SI 2012/1836 (PDF 44K)
• Origins Table for SI 2012/1836 (PDF 40K)

Promoters and Prescribed Circumstances

• The Tax Avoidance Schemes (Promoters and Prescribed Circumstances) Regulations 2004 (SI 2004/1865) (Opens new window)
• The Tax Avoidance Schemes (Promoters, Prescribed Circumstances and Information) (Amendment) Regulations 2004 (SI 2004/2613) (Opens new window)

Penalties

• The Tax Avoidance Schemes (Penalty) Regulations 2007 (SI 2007/3104) (Opens new window)
• The Tax Avoidance Schemes (Penalty) (Amendment) Regulations 2010 (SI 2010/2743) (Opens new window) - with effect from 1 January 2011

Appointed Day Orders

• The Finance Act 2008, Schedule 38, (Appointed Day) Order 2008 (SI 2008/1935) (Opens new window)
• The Finance Act 2008, Schedule 39 (Appointed Day, Transitional Provision and Savings) Order 2009 (SI 2009/403) (Opens new window)
• The Finance Act 2008, Schedule 40 (Appointed Day, Transitional Provisions and Consequential Amendments) Order 2009 (SI 2009/571) (Opens new window) (C.39) - Article 27 amends VAT Act 1994 Sch 11A para 10(3)(b) and Article 36 amends Finance Act 2004 section 313(4)
• The Finance Act 2008, Schedule 38 (Appointed Day) Order 2010 (SI 2010/409) (Opens new window)
• The Finance Act, Schedule 17 (Appointed Day) Order 2010 (SI 2010/3019) (Opens new window)

National Insurance contributions

Primary legislation

• Section 132A of the Social Security Administration Act 1992 (as inserted by Section 7 of the National Insurance contributions Act 2006) (Opens new window)

Secondary legislation

• The National Insurance contributions (Application of Part 7 of the Finance Act 2004) Regulations 2012 (SI 2012/1868) (consolidated) (Opens new window) - with effect from 1 September 2012
• Destination Table for SI 2012/1868 (PDF 59K)

Value Added Tax

Primary legislation

• Finance Act 2004, Schedule 2 (Opens new window) (inserts Sch 11A into the VAT Act 1994)
• Finance (No.2) Act 2005, Section 6 (Opens new window) and Schedule 1 (Opens new window) (amends Sch 11A of the VAT Act 1994)

Secondary legislation

• The VAT (Disclosure of Avoidance Schemes) Regulations 2004 (SI 2004/1929) (Opens new window)
• The VAT (Disclosure of Avoidance Schemes) (Designations) Order 2004 (SI 2004/1933) (Opens new window)
• The VAT (Disclosure of Avoidance Schemes) (Designations) (Amendment) Order 2005 (SI 2005/1724) (Opens new window)
• The VAT (Disclosure of Avoidance Schemes) (Amendment) Regulations 2005 (SI 2005/2009) (Opens new window)
• The Finance (No.2) Act 2005, section 6, (Appointed Day and Savings Provisions) Order 2005 (SI 2005/2010) (Opens new window)