Changes to tax-advantaged venture capital schemes
The CIOT and ATT have commented on the legislation that was issued as a consultation draft in March 2015 setting out ame...
HMRC Penalties: a discussion document
The CIOT, ATT and LITRG have responded to HMRC’s recent consultation on penalties, which looked at how the Revenue might...
FA2015: entrepreneurs' relief – exclusino of goodwill
In the March issue of Tax Adviser, we reported that the CIOT had sent comments to HMRC on the draft Finance Bill 2015 cl...
Company tax return – form CT600 (2015) version 3
Members should note that HMRC have published an updated version (version 3) of the company tax return CT600 and its supp...
FA 2015 – changes to entrepreneurs’ relief
Changes to entrepreneurs’ relief (ER) were announced at Budget 2015 to take effect from the same day, 18 March 2015....
Close company loans to participators: HMRC update guidance on exclusion from bed and breakfast provision
The May 2014 issue of Tax Adviser included a feature titled ‘Over the edge’ which looked at the treatment in HMRC’s Comp...
Strengthening sanctions for tax avoidance – serial avoiders and GAAR penalty
It was announced at Budget 2015 that, after the consultation ‘Strengthening sanctions for tax avoidance’ which closed on...
HMRC consultation – ‘Tax enquiries: closure rules’
The CIOT, ATT and LITRG have each responded to HMRC’s consultation document Tax enquiries: closure rules....
Draft legislation: direct recovery of debts – CIOT comments
The CIOT has commented on the draft Finance Bill clauses on the enforced deduction from accounts, otherwise known as dir...
Right first time: a new approach to penalties?
The government has announced a consultation to look at designing a penalty system that works in a modern, digital world....