- Published date:
- 04 June 2026
We have responded to HMRC's consultation on uncertain tax treatment which proposes to extend the scope of the existing UTT disclosure regime to new taxes and entities - as well as introduce a new and broader 'trigger' which would require disclosure when there are alternative "credible" interpretations of the rules.
Our response was not supportive of these proposals generally - particularly the new trigger, which itself generates yet more uncertainty and will add a disproportionate burden for business. We recommend that HMRC resource would be better dedicated to removing and minimising areas of uncertainty within the tax rules, which would be a more effective way to support business.
Share article