There are four revenue protection measures which come into effect on either 23 or 24 March 2011. These can be found in the Overview of Tax Legislation and Rates document at the following paragraphs:
A summary of all announcements about enforcement, compliance and tax administration can be found in the 3 Chapters of the Overview of Tax Legislation and Rates. They are listed below.
| Chapter 1 - New tax changes for Finance Bill (FB) 2011 |
|---|
Sale of lessor companies preventing avoidance |
Stamp Duty Land Tax anti avoidance |
Corporate gains de-grouping charges anti avoidance |
Amendment to the Provisional Collection of Taxes Act 1968 |
Transposing the Mutual Assistance Recovery Directive |
| The taxation of index- linked gilt-edged securities |
Time to Pay |
Office of Tax Simplification - review of reliefs and Government response |
| Chapter 2 - Previously announced measures for FB 2011 |
Review of HMRC powers deterrents and safeguards security for PAYE and national insurance contributions |
UK resident investment companies currency for tax calculations |
Group mismatches |
Corporation Tax anti avoidance derecognition |
Disguised remuneration |
Data gathering |
Leasing double allowances |
Disclosure of tax avoidance schemes |
| Chapter 3 - New tax changes for(FB) 2012 or beyond |
Avoidance high risk areas |
Listed tax avoidance schemes |
Tax treaties anti avoidance |
Employer asset backed pension contributions |
Changes to Capital Allowances anti avoidance legislation |
Capital Allowances fixtures mandatory pooling |
Tax policy making draft protocol on announcements outside fiscal events |
Incapacitated persons |
Simplification of regulatory penalties |
Dishonest tax agents |
Tax consultation framework |
| Tax transparency for individuals |
Response to Office of Tax Simplification review of IR35 |
Response to Office of Tax Simplification review of small business tax |
Digital default consultation |
VAT mandation of online registration and tranche 2 of online filing of VAT returns |
Customer cost reduction announcement |
Office of Tax Simplification review of reliefs and Government response |
