Kate Willis

Kate Willis

Autumn Statement focus on personal tax – Personal tax

Kate Willis is CIOT Technical Officer for the CIOT Property Taxes & CGT and Investment Income sub-committees.

Technical
1 October 2018

The CIOT and ATT have considered FB 2018-19 consultative clause 15 Entrepreneurs’ Relief (company ceasing to be individual’s personal company, inserting new Chapter 3A in Part 5 TCGA 1992) and some aspects of the consultation response .

Technical
1 October 2018

The CIOT has submitted comments on the very significant changes proposed to bring gains on interests in UK land by non-UK residents into charge to capital gains tax and the draft provisions in FB 2018–19 and some aspects of the government’s consultation response.

Technial
1 August 2018

The CIOT and the STPG have been working with HMRC to seek clarification of some aspects of the definition of residential property for SDLT.

Technical

The ATT and CIOT have responded to an HMRC consultation on the requirement for individuals and trustees to make a payment on account of CGT on the disposal of a residential property. The payment on account, together with a payment on account return, will be required within 30 days of completion.

Technical

The CIOT and ATT have responded to the HMT and HMRC consultation on changes to Entrepreneurs’ Relief intended to ensure that entrepreneurs are not discouraged from seeking finance to enable their companies to grow.

thakoral-tailor-v-hmrc-lobler
Life insurance bonds
1 July 2018

Kate Willis examines the case of Thakoral Tailor v HMRC and its impact

Technical
1 May 2018

HMT and HMRC are consulting on changes to Entrepreneurs’ Relief to ensure that the conditions do not discourage entrepreneurs from seeking external finance for their companies

Technical
1 May 2018

Committee members of the professional bodies have produced draft Q&As on aspects of the reforms to the taxation of non-UK domiciliaries.