(On demand, aired 16 November 2021)
The HMRC proposal on Notification of Uncertain Tax Treatment (NUTT) if implemented will provide HMRC with information on significant tax uncertainties that they consider could contribute to the legal interpretation tax gap. Draft legislation was published in July 2021 and draft guidance in August 2021, with the new rules, if enacted, applying to returns due to be filed on or after 1 April 2022. What should your organisation do to prepare for the new requirements? We’ll discuss:
Discover how the requirements could impact your organisation.