Consultation on the draft Finance Bill measures published in December closed yesterday.
You have just over a week to “have your say” on Budget 2015, if you want to make representations to the Treasury. Submissions are invited by 13 February. The Finance Bill is expected to be published very soon after the 18 March Budget.
Next week two consultations on particular aspects of UK tax will close:
Employment intermediaries, temporary workers and relief for travel and subsistence expenses
Tackling aggressive tax planning, implementing the agreed G20-OECD [BEPS] approach for addressing hybrid mismatch arrangements
The BEPS project is reaching a critical stage but there is very little coverage in mainstream media. More on that soon.
Action 4: Interest deductions and other financial payments
Actions 8, 9 and 10: Proposed revisions to the transfer pricing guidelines and “special measures”
Action 10: Use of profit splits in the context of global value chains
Action 10: The transfer pricing aspects of cross-border commodity transactions