Pre-Budget Report 2006 - Supplementary Documents

Portable Document Format (PDF) files

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Consultation Documents

• Tackling Managed Service Companies
• Paying PGS: a Planning-gain Supplement technical consultation
• Valuing planning gain: a Planning-gain Supplement consultation
• Tax Relief for Pensions: Lifetime Allowance Test (Benefit Crystallisation Event 3) & Dependants’ Scheme Pension rules
• Individual Savings Accounts: proposed reforms
• Tax avoidance through the creation and use of capital losses

Reports / Summaries of Responses

• HM Revenue and Customs and the Taxpayer: Modernising Powers, Deterrents and Safeguards
• Tax avoidance through the creation and use of capital losses, draft legislation, statement, explanatory notes and guidance
• Aligning Filing Dates for Companies
• Review of the definition of biodiesel in hydrocarbon oil duties act 1979: summary of responses and findings
• Measuring Indirect Tax Losses - 2006

Full Regulatory Impact Assessments (RIAs)

• Hydrocarbon oil duty: Changes to Excepted Vehicle Schedule (PDF 70K)

Partial RIAs

• Tackling Managed Service Companies (this link takes you to the Consultation Document which includes the RIA at Annex D page 59 (PDF 453K)
• General Insurers reserves (PDF 79K)
• Tax Relief for Pensions – 2006 Pre-Budget Report Reforms (PDF 102K)
• Individual Savings Accounts: proposed reforms (this link takes you to the Consultation Document which includes the RIA at Annex A page 9
• VAT: Transfer of Going Concern - Retention of Records (PDF 43K)
• Aligning Filing Dates for Companies (this link takes you to the Summary of Responses which includes the RIA at Appendix 2 page 16 (PDF 562K)
• HMRC and the Taxpayer: Modernising Powers, Deterrents and Safeguards: A New Approach to Penalties for Incorrect returns - this link takes you to the Consultation Document which includes the RIA at Annex D on pages 67-76.

Draft Finance Bill Clauses

• Petroleum Revenue Tax: Abolition for Fields Recommissioned after Earlier Decommissioning, Draft Legislation and Explanatory Notes (PDF 70k)
• Controlled Foreign Companies - Draft Legislation, Schedule, Explanatory Notes and Guidance (PDF 148K) - Changes to Controlled Foreign Companies Rules - Revised Draft Guidance published on 17 December 2007 (PDF 267K). This guidance supersedes the draft guidance published on 6 December 2006.
• Avoidance of Corporation Tax Draft Legislation and Explanatory Notes (PDF 79K)
• Avoidance – Sale etc of Lessor Companies Draft Legislation and Explanatory Notes (PDF 126K)
• Stamp Duty Reserve Tax (UK Depositary Interest in Foreign Securities)(Amendment) Regulations 2006 (PDF 21K)
• Life Insurance Companies: Amalgamation categories of business: "5 into 1", Draft Legislation and Explanatory Notes (PDF 197K)
• Life Insurance Companies: Transfers of Business Draft Legislation and Explanatory Notes (PDF 218K)
• Alternatively Secured Pensions and Transfer Lump Sum Death Benefit etc, Draft Legislation and Explanatory Notes (PDF 513K)

Statements and Notices

• Six Year Limitation Period for all Direct Tax Claims (PDF 60K)

Technical Notes

• The Stamp Duty Land Tax (variation of the Finance Act 2003) Regulations 2006: Technical Note (PDF 33K)

Others

• HMRC Research Report 23 - Monitoring of the Reform of the Income Tax and National Insurance Rules for Employer-Supported Childcare: A study of Provision and Experiences of Employers