Spotlight on the Property Taxes Sub-committee
The CIOT’s Property Taxes technical sub-committee was established in 2007 under the then chairmanship of Lakshmi Narain who remains an active member of the sub-committee.
The CIOT’s Property Taxes technical sub-committee was established in 2007 under the then chairmanship of Lakshmi Narain who remains an active member of the sub-committee.
On MTD, we again expressed our concerns over the timescales and stated benefits of the project.
After each major fiscal event the House of Commons Treasury Committee opens an inquiry to determine the extent to which it meets the Committee’s tax policy principles, as expressed in its 2011 repo
Following Budget 2018, the LITRG technical team examined the announcements in relation to tax and benefits, to work out how they might affect those on low to modest incomes.
It was announced in the Budget that legislation would be introduced in Finance Bill 2018-19 to confirm HMRC’s existing policy of treating income and corporation tax self-assessment returns sent to
The pilot for MTD for VAT was opened on 16 October to sole proprietors and limited companies on standard VAT return periods and up to date with VAT payments, except
New restrictions on the amount of brought forward corporation tax losses which can be offset in any one year took effect from 1 April 2017.
In October, a number of ATT members took part in individual research sessions looking at how agents complete and submit digital HMRC forms online.
We think there is still an appetite to explore further the recommendation by the Costs Review Group in its Report to the Senior President of Tribunals in December 2011 (see https://tinyurl.com/ybqc