DASVOIT ― notifiable arrangements and making the notification

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This guidance note provides an overview of the types of DASVOIT notifiable arrangements and the procedure that must be used in order to make the relevant notification to HMRC.

This note should be read in conjunction with the Disclosure of tax avoidance schemes for VAT and other indirect taxes (DASVOIT) ― introduction, DASVOIT ― the hallmarks and DASVOIT ― penalties and powers guidance notes.

The Disclosure of tax avoidance schemes for VAT and other indirect taxes (DASVOIT) ― introduction guidance note provides a definition of the types of persons who could be involved in a notifiable arrangement.

Notifiable arrangements

If all of the following criteria have been met, the arrangement or proposal is notifiable and must be disclosed to HMRC using the prescribed method:

•
they will, or might be expected to, enable any person to obtain a tax advantage
•
that tax advantage is, or might be expected to be, the main benefit or one of the main benefits of the arrangements
•
they are arrangements that fall within any

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Trusts and Inheritance Tax

Outright gifts

Outright giftsAn outright gift is the most straightforward type of gift. It simply involves the outright transfer of property from one person to another with no conditions attached.This type of gift is most suitable for clients who want to pass over modest amounts, or give to responsible and capable

14 Jul 2020 12:22 | Produced by Tolley in association with Emma Haley at Boodle Hatfield LLP Read more

Employment Tax

Company cars

Company carsIntroductionCompany cars are one of the most common taxable benefits. The rules for calculating the benefit are complex, and the reporting requirements are more onerous than most benefits. Company cars are covered by very specific legislation. Detailed guidance on each of the following

14 Jul 2020 11:15 | Produced by Tolley Read more

Employment Tax

Non-business expenses

Non-business expensesIntroductionIn order for an expense to be tax deductible it must be incurred because of an employee’s employment. Any non-business related expense is, therefore, not relievable except in some very particular circumstances.This guidance note deals with three separate issues. The

14 Jul 2020 12:16 | Produced by Tolley Read more

��˾��ҹ��