The European and External Relations Committee of the Scottish Parliament issued a call for written evidence (tinyurl.com/j7nkvhm) at the start of August to support its inquiry into the implications
During this summer’s ATT conferences, many members noted problems claiming the transferable marriage allowance on the recipient’s self-assessment tax return.
The CIOT welcomed both the formal consultation and the commitment to introducing legislation for the preferred option for change in Finance Act 2017.
Announced in early 2016, the Help to Save scheme will be available by April 2018 and open to ‘individuals… in receipt of universal credit with minimum household earnings equivalent to 16 hours at t
Universal credit (UC) is gradually replacing working tax credit and child tax credit as well as income support, income-based jobseeker’s allowance, income-related employment and support allowance a
Clause 72 and accompanying Schs 11 and 12 deal with the legislation to enact a reduction in the rate of CGT from 6 April 2016 from 18% and 28% to 10% and 20% respectively.
The government is proposing to change the structure of how it offers financial guidance to the public. The intention is twofold:
HMRC has been consulting on proposals for a tax framework for the secondary annuity market, which is intended to come into effect in April 2017.
It is two years since HMRC closed its enquiry centres, removing the means for taxpayers to receive face-to-face assistance and guidance.
From 6 April 2016, there is a new set of rules for how savings income and dividends are taxed. Many will be better off, but there are pitfalls for some.
