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In July’s edition of Tax Adviser Giles Mooney and Tim Good provided guidance on navigating the complex field of personal tax calculations and pointed out

We have been in discussion with HMRC following recent reports from members of substantial penalties being levied for late submission of NRCGT returns.

The mis-named ‘personal savings allowance’ (in reality, a 0% rate of tax) can cause confusion for taxpayers.

The tax credit annual renewal period runs from 6 April to 31 July 2017 (in most cases). It allows HMRC to finalise tax credit entitlements for 2016/2017 and set up renewal claims for 2017/2018.

Transitional adjustments when moving between GAAP and the cash basis

Members are concerned about the operation of the transitional adjustments when moving between GAAP and the cash basis

The consultation document states that the proposals are largely driven by the aim of achieving consistency of treatment with regard to income from UK real property between UK resident companies (al

In February the Department for Communities and Local Government published ‘Fixing our broken housing market’ setting out the government’s proposals to boost housing supply and create a more efficie

With the introduction of pensions flexibility in April 2015, it might have been hoped that ‘trivial commutation’ and ‘small pots’ rules for taking pension savings as a lump sum could have been forg

With the publication of Finance (No.2) Bill 2017 we see the final shape of the non-dom reforms.

We have previously reported on the CIOT’s extensive involvement in the consultation process to find a legislative solution for life insurance policyholders who partly withdraw substantial sums earl