Inheritance Tax

Technical
1 September 2018

On 27 April 2018 the OTS announced its review of inheritance tax (IHT), to explore simplification opportunities across the existing legislative framework and the administrative processes through which taxpayers interact with HMRC. CIOT has met with the OTS to feed in its views.

Technical

Following a number of issues with the Trust Registration Service (TRS) in 2016-17, where are we for 2017-18 registrations?

Technical
1 June 2018

In the fourth of a series of articles about the CIOT’s technical sub-committees, CIOT Technical Officer John Stockdale reviews the work of the Succession Taxes Sub-Committee.

Technical

HMRC have announced further details of the penalty regime for the Trust Registration Service.

Technical
1 May 2018

Committee members of the professional bodies have produced draft Q&As on aspects of the reforms to the taxation of non-UK domiciliaries.

Technical
1 January 2018

Further changes to information requirements for the Trust Registration Service.

Technical
1 December 2017

The CIOT and ATT have written to HMRC regarding the challenging deadline for providing information under new anti-money laundering legislation for trusts and provide further updates on accessing the Trust Registration Service and the new Agent Services accounts.

Technical
1 November 2017

Due to the delayed agent access to the new Trust Registration Service, HMRC are extending the self-assessment registration deadline for 2016/17 for trusts.

Technical
1 November 2017

The CIOT responded to the Treasury consultation ‘Financing growth in innovative firms’, part of the government’s Patient Capital Review, considering barriers to accessing long-term investment (patient capital) for the development of young innovative firms.