The DOTAS regime allows HM Revenue & Customs to keep up to date with what types of tax avoidance schemes are in circulation. It therefore provides the opportunity to review and if necessary, amend legislation to block any scheme which the government considers aggressive and unfair.
The government published a consultation document on 20 April 2016, seeking views on revisions to draft regulations amending the inheritance tax hallmark for the disclosure of tax avoidance schemes (DOTAS) regime.
The document may be found at – https://goo.gl/xH76MI
Attention is drawn toward the comments pertaining to inheritance tax on pages 14 – 17 and the draft legislation in Annexe C
Where you are going wrong with inheritance tax planning – http://bit.ly/2oDgG28