Uncertain tax treatment policy evaluation plan
This plan outlines the framework for evaluating the uncertain tax treatment policy.
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Notification of uncertain tax treatment (UTT) by large businesses was implemented to help reduce the legal interpretation portion of the tax gap, by requiring large businesses to bring uncertain matters to HMRC’s attention. This will mean that uncertainties can be clarified and resolved earlier than they would through normal compliance activity.
The government announced that it would evaluate UTT to assess whether it is achieving its stated aims and is proportionate. This plan outlines the framework for the evaluation.
The evaluation of UTT will be taken forward by HMRC, with input where needed from HM Treasury. This builds upon the government’s commitment to increase transparency and accountability.
The findings from this evaluation will ensure we learn key lessons to inform future policy making both in relation to UTT and wider policy measures.