Sustainable business: Tax - timeline of expected changes
"30 day" window for making the first reports under the new DAC6 regime
Start of the "30 day" window for making the first reports under the new DAC6 regime. The deadline for reports was delayed as a response to the Covid-19 pandemic. Under the regime, intermediaries or, in some cases, taxpayers themselves, are required to report cross-border arrangements which satisfy certain hallmarks.
New requirement to notify HMRC
Tax returns filed by large businesses after this date will, if the proposed new measures are enacted, be required to take into account a new requirement to notify HMRC where the business has adopted an uncertain tax treatment. The details of this new regime are the subject of a consultation.
New off-payroll working rules
New off-payroll working rules come into force following delays due to the Covid-19 pandemic.