The Simplification of Regulatory Penalties
Issue date of consultation: 31 January 2011
Date of response: 11 March 2011
This discussion document looks at the range of penalties HMRC can use for failure to comply with regulatory obligations across the tax and duty regimes, and considers what scope, and benefit, there is in exploring options for simplification.
Extra statutory concessions
Issue date of consultation: 13 December 2010
Date of response: 7 March 2011
This is a technical consultation to ensure that the draft legislation successfully preserves the current tax treatment under the ESCs concerned. Most of the legislation is by Treasury Order made under an enabling provision at section 160 of the Finance Act (FA) 2008.
Business Records Checks: Consultation Document
Issue date of consultation: 17 December 2010
Date of response: 28 February 2011
HMRC is planning a programme of Business Records Checks that will review both the adequacy and accuracy of business records within the ‘small and medium enterprise’ (SME) sector.
Improving the operation of PAYE: Collecting Real Time Information
Issue date of consultation: 3 December 2010
Date of response: 28 February 2011
HM Revenue and Customs (HMRC) has issued a consultation document on improving PAYE by collecting Real Time Information. The document seeks comments on collecting real time information. An associated consultation stage Impact Assessment has also been published.
Security for PAYE and NICs
Issue date of consultation: 9 December 2010
Date of response: 9 February 2011
This consultation looks at how a requirement for security can ensure that those employers, who are determined rule breakers or pose serious risks, do not gain a competitive advantage over those who pay on time. HMRC remain committed to helping those who need time to pay, and the proposals would not affect those groups.
Data-gathering powers
Issue date of consultation: 9 December 2010
Date of response: 9 February 2011
This consultation document is proposing changes to HMRC’s legal powers to obtain information from a third party whether in bulk or as part of tax compliance checks.
