The government continued its slew of new consultations originally announced in the Budget 2016 with a set of proposals on tax rules related to authorised contractual schemes (ACS) affecting institutional investors

Prevention of loan transfers is among moves announced in the Budget 2016 to tackle disguised remuneration tax avoidance schemes, including employee benefit trusts (EBTs), under technical consultation by HMRC

In response to the consultation on reform of the tax treatment of redundancy payments, the government is consulting on draft legislation to introduce NICs payments on redundancy payments over £30,000 from April 2018

Plans to reduce the stamp duty land tax (SDLT) filing and payment window to 14 days in the 2017-18 have now been fleshed out by HMRC although a fixed timetable has not been agreed

An overhaul of taxation for partnerships is underway as the government tries to tighten up the rules and keep pace with the changing nature of the partnership structure as rules look increasingly obsolete and unable to deal with modern style partnership structures

HMRC is consulting for 10 weeks on reforming the PAYE Settlement Agreement (PSA) process with the aim to simplify administration and provide greater clarity on what can be included 

HMRC’s online personal tax accounts now boast approximately 3.5 million active users, the tax authority claims in its latest update

The development of HMRC’s Making Tax Digital software is at an advanced stage despite the fact the project’s latest four consultation documents including details on the mechanics of quarterly reporting for companies have yet to be published, reports Calum Fuller

A roundup of current consultations from HMRC, including tax deductibility of corporate interest expense, Double Taxation Treaty Passport (DTTP) scheme, corporation tax loss relief legislation, proposal to amend landfill tax, secondary adjustment rule into the UK’s transfer pricing legislation

The OECD is consulting on approaches to address Base Erosion and Profit Shifting (BEPS) involving interest in the banking and insurance sectors

The future of the chargeable rate of VAT on digital publications and ebooks is back on the agenda at the EU as the European Commission has announced plans for a two-month consultation with a view to abolishing the current full rate VAT

The Office of Tax Simplification (OTS) chair Angela Knight has admitted the body is awaiting confirmation of its statutory basis following the formation of Theresa May’s new government