Personal tax

Technical
1 May 2018

Last month, Meredith McCammond of LITRG explored how Real Time Information data is used in the benefits system. In this article, we explore potential problems that may occur and provide some important updates on the use of RTI data in the universal credit system.

Technical

The Government have announced that the tax and National Insurance (NI) relief offered through childcare vouchers will remain available to new applicants for a further six months

Technical

The CIOT and ATT submitted responses to the Scottish government’s consultation on the criteria for determining eligibility to a first-time buyers’ relief and the draft secondary legislation required to deliver the relief.

Technical
1 May 2018

HMT and HMRC are consulting on changes to Entrepreneurs’ Relief to ensure that the conditions do not discourage entrepreneurs from seeking external finance for their companies

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

Although relevant annual receipts not exceeding £1,000 may be non-taxable and the allowance may replace a deduction for actual expenses, record-keeping obligations remain.

Technical

Following a joint member survey, CIOT/ATT and LITRG responded to a call for evidence on rent-a-room relief.

Technical
1 April 2018

The government has consulted further on the principle of tax conditionality as a means of tackling the hidden economy by requiring those who require licenses to operate to demonstrate they are properly registered for tax.

Technical
1 April 2018

The CIOT and ATT have responded to the consultation that followed the government’s announcement at the Autumn Budget 2017 that most non-resident investors in UK land will be brought into UK tax on gains from April 2019.

Technical
1 March 2018

The CIOT submitted written evidence to the Finance & Constitution Committee of the Scottish Parliament on a Bill to correct the 2013 LBTT Act. The CIOT, ATT and LITRG also report back from their quarterly meeting with the Scottish Government, a Scottish income tax stakeholder meeting with HMRC and the Revenue Scotland LBTT Project Board.