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Latest live consultations

This is a list of the latest live Treasury consultations. Click on the links below to view and download the documents.

Aviation duty
This consultation considers options for the design of the new duty, puts forward a lead proposal and invites views from interested stakeholders.
Launch date: 31/01/08 Closing date 24/04/08

Financial stability and depositor protection: strengthening the framework
A consultation outlining proposals to strengthen the current framework for financial stability and depositor protection.
Launch date: 30/01/08 Closing date 23/04/08

Consultation on EC Directives
2006/43/EC on the Statutory Audit of annual accounts and consolidated accounts
2006/46/EC on Amending EC Accounting Directives
Launch date: 04/01/08 Closing date 29/02/08

Property authorised investment funds: next steps
Following the introduction of UK-REITs on 1 January 2007, the Government has continued to consider the taxation of Authorised Investment Funds (AIF) which invest in property.
Launch date: 21/12/07 Closing date: 06/02/08

The implementation of the Payment Services Directive: a consultation document
HMT is currently conducting a consultation on the implementation of the Payment Services Directive (PSD).
Launch date: 19/12/07 Closing date: 18/03/08

UK discussion paper on the Commission´s review of the financial regulatory framework for commodity and exotic derivatives
The European Commission is currently reviewing the financial regulatory framework for commodity and exotic derivatives. The purpose of this discussion paper is to ensure that HM Treasury and the Financial Services Authority are able to effectively reflect the views of the UK markets to the Commission during the course of this review.
Launch date: 17/12/07 Closing date: March 2008

Business tax reform: capital allowances changes technical note
The Government announced a major package of reforms to the business tax system in Budget 2007 to enhance the international competitiveness of the UK, by encourage investment, promote innovation and ensure fairness across the tax system. This technical note contains draft legislation on the key elements of the capital allowances changes in this package, reflecting comments received in response to the Business tax reform: capital allowances changes consultation.
Launch date: 17/12/07 Closing date: 15/02/08

Payable enhanced capital allowances: technical note
This technical note contains draft legislation for the new payable enhanced capital allowance for environmentally beneficial and energy efficient technologies as part of the package of business tax reforms announced in Budget 2007.
Launch date: 17/12/07 Closing date: 15/02/08

Stamp duty land tax: ensuring fairness for all – a consultation document
In the recent PBR the Government announced that it would seek to explore the practicalities of introducing a charge on the use of special purpose vehicles on high value residential property and on extending the SDLT disclosure rules to residential property.
Launch date: 17/12/07 Closing date: 08/02/08

Limiting pre-release access to statistics: a consultation document
The consultation document sets out how, as a part of the Governance of Britain programme of constitutional renewal, the Government is proposing to tighten the rules and principles under which access to official statistics in their final form can be granted ahead of their publication.
Launch date: 10/12/07 Closing date: 03/03/08

Securing a sustainable future: A consultation on the North Sea Fiscal Regime
Following extensive discussions with the oil and gas industry that examined wider structural issues facing the North Sea fiscal regime the Government is today publishing a consultation document setting out it's conclusions to date.
Launch date: 06/12/07 Closing date: 31/01/08

Paying a fairer share: a consultation on residence and domicile
In the recent Pre-Budget Report the Government closed the review of the residence and domicile personal tax rules by announcing a package of reforms.On 6 December 2007 the Government published a consultation document which contains further detail on these changes, and invites views on how these changes will be implemented.
Launch date: 06/12/07 Closing date: 28/02/08

Income shifting: a consultation on draft legislation
The Government is announcing today the beginning of a consultation period on draft legislation to prevent a tax advantage being gained through income shifting.
Launch date: 06/12/07 Closing date: 28/02/08

Principles-based approach to financial products avoidance: a consultation document
The consultation document will explore the possibility of replacing existing detailed anti-avoidance rules in two areas with legislation which instead applies a principles-based approach.
Launch date: 06/12/07 Closing date: 28/02/08

Regulation of Modified Credit Agreements: a consultation
The Government proposes legislation to ensure that the regulatory regimes of the Financial Services Authority and Office of Fair Trading in relation to mortgages remain mutually exclusive.
Launch date: 22/11/07 Closing date: 14/02/08

Government sterling sukuk issuance: a consultation
HM Treasury and the Debt Management Office are today publishing a consultation document on wholesale sterling sukuk issuance by the UK Government.
Launch date: 14/11/07 Closing date: 21/02/08

Stamp duty reserve tax - Schedule 19: a discussion paper
Following the commitment made at Pre-Budget Report to consult on reform of the stamp duty reserve tax (SDRT) legislation that applies to collective investment funds, the Government has published a discussion paper setting out two options for reform.
Launch date: 12/11/07 Closing date: 25/01/08

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