Richard Wild

Richard is the Head of the Tax Technical Team at The Chartered Institute of Taxation. His tax career has spanned more than 20 years, mainly in indirect taxes, including roles in a Big 4 litigation team, and as an anti-avoidance adviser with HMRC. Richard joined the CIOT in November 2015, and heads up the team of technical officers who work across a wide range of taxes.

Welcomes
1 April 2017

This month’s Technical Newsdesk is being written in something of a hiatus in this year’s financial calendar (mid-March).

Technical
1 April 2017

Changes to the VAT Flat Rate Scheme (FRS) take effect on 1 April 2017 to introduce a new ‘limited cost business’ rate of 16.5%, designed to tackle abuse of the FRS. Further guidance is available on the CIOT and ATT websites.

Welcomes
1 March 2017

A bumper Technical Newsdesk this month.

Technical
1 February 2017

In the October edition of Technical Newsdesk I reported on the Charity Commission’s consultation on the use of its powers to disqualify individuals from acting as Trustees, and the CIOT and ATT’s joint submission. The Charity Commission has considered the various representations made by respondents and has published its own response.

Technical

The CIOT, ATT and LITRG each responded to the six consultation documents issued by HMRC. All three bodies’ submissions had similar overall messages about MTD, while also focusing on specific areas relevant to that body’s particular interest. We have set out below a sample of the key messages from some of the responses, but would invite you to read all responses on our websites.

Technical
1 January 2017

Both the CIOT and the Low Incomes Tax Reform Group (LITRG) submitted comments to the APPG on Responsible Tax ‘Inquiry into public confidence in HMRC’s capability to collect tax fairly and effectively’.