Consultation outcome

Tackling offshore tax evasion: A requirement to notify HMRC of offshore structures

• From: HM Revenue & Customs
• Published: 5 December 2016
• Last updated: 1 December 2017 — See all updates

This consultation has concluded

Read the full outcome

Tackling offshore tax evasion: A requirement to notify HMRC of offshore structures - summary of responses

PDF, 313 KB, 15 pages

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Detail of outcome

This document contains:

• a summary of responses to the consultation on the proposal to require intermediaries creating or promoting certain complex offshore financial arrangements to notify HMRC of these structures and their clients
• the government’s response to the issues raised in the consultation

The government is grateful to all those who responded or participated in meetings for taking the time to consider the issues raised by the consultation document.

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Original consultation

Summary

Consultation on a proposed new legal requirement that intermediaries notify HMRC of the creation of certain complex offshore financial arrangements.

This consultation ran from
1pm on 5 December 2016 to 11:45pm on 27 February 2017

Consultation description

This consultation aims to establish the high level design principles for a proposed legal requirement on businesses that create or promote certain complex offshore financial arrangements to notify HMRC of their creation, and provide a list of clients using them.

Clients in their turn would be expected to notify HMRC of their involvement via a notification number on their personal tax account.

Documents

Tackling offshore tax evasion: A requirement to notify HMRC of offshore structures

PDF, 466 KB, 25 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 5 December 2016
Last updated 1 December 2017 + show all updates

1. 1 December 2017

   Published summary of responses

2. 5 December 2016

   First published.