Corporate re-domiciliation
Executive summary
As AAT highlighted in its recent response to the October 2021 Budget, this is not a key area for many AAT members and so our response to this consultation is relatively short. In essence, AAT supports the principle of the UK aligning its re-domiciliation approach with its international competitors in order to attract more companies to invest in the UK (and pay UK taxes) providing opportunities for abuse are kept to an absolute minimum.
Related consultation responses
Tougher consequences for promoters of tax avoidance
AAT welcomes more information on how often HMRC plans to use its criminal investigation powers and what resources are available to fund it.
Modernising tax debt collection from non-paying businesses
We welcome many of the proposals but believe the suggestion that this is to reflect the changing nature of the economy and new business practices is misleading.
