picture-23831.jpg
Company purchase of own shares: multiple completion contracts
For capital treatment to apply on a purchase of own shares, Corporation Tax Act 2010 s 1042 imposes a condition that the...
Mandatory disclosure rules consultation: CIOT response
At Budget 2021, the government announced that it would implement the OECD’s ‘Model Mandatory Disclosure Rules for Common...
Penalties update
The government announced on 13 January 2022 that the start date of the new penalties regime for VAT registered taxpayers...
Most popular reads
Latest briefings
Mandatory disclosure rules: HMRC research
The government announced earlier this year that it would consult on implementing the OECD mandatory disclosure rules to ...
Compliance Reform Forum: update from October 2021 meeting
The Compliance Reform Forum is a joint forum in which HMRC consult and communicate with representative organisations, in...
Finance Bill 2021/22 draft legislation: powers to tackle electronic sales suppression
We strongly support HMRC’s efforts to deal with tax evasion like electronic sales suppression.
Finance Bill 2021/22 draft legislation: clamping down on promoters of tax avoidance
The CIOT commented on the draft legislation introducing a measure enabling publication by HMRC of information relating t...
The tax administration framework: Supporting a 21st century tax system: CIOT, ATT and LITRG responses
CIOT, LITRG and ATT have responded to HMRC’s Call for Evidence, which was seeking views on how the tax administration fr...
Recent work with/regarding the Office of Tax Simplification
The CIOT has responded to HM Treasury’s review of the Office of Tax Simplification and held discussions with the Office ...
Offshore tax compliance and international tax debt: CIOT and LITRG responses
The CIOT and LITRG have recently responded to two related HMRC discussion documents in which HMRC asked for views on how...