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According to respondents to the department’s consultation.HMRC should be allowed to close settled aspects of enquiries.
HMRC should be allowed to close settled aspects of enquiries, according to respondents to the department’s consultation Tax enquiries: closure rules. However, any partial closure power should not rest exclusively with HMRC, and the safeguards regarding the use of any power should be comprehensive and explicit.
In the Summary of responses document (tinyurl.com/teclsep), HMRC propose to proceed on the basis that there is a need to provide a partial closure provision.
However, they will develop some alternative models and then consult to find the optimum model.
It is hoped to include legislation in Finance Bill 2016 but, given the differing views of respondents on the optimum approach, and the time needed to consult further, it may be necessary to defer legislative change until Finance Bill 2017.
