Personal tax

Technical
1 February 2018

The CIOT and LITRG report back from the Air Departure Tax Stakeholder Forum, the Administrative Justice Working Group and on the Scottish Government’s Draft Budget for 2018/19.

Technical
1 February 2018

The CIOT, ATT and LITRG will be meeting HM Treasury officials to discuss the call for evidence on rent-a-room relief. To help inform our response to government we would welcome input from members with experience of the scheme.

Technical
1 February 2018

A £1.5 billion package of changes was announced to universal credit in the Autumn Budget 2017. In this article we outline those changes and explain the knock-on effects to the roll-out timetable.

Technical
1 February 2018

Autumn Budget extends scope of relief to self-funders.

Technical
1 February 2018

Growing and developing complications for EIS, SEIS and VCTs.

Technical
1 February 2018

In response to representations by LITRG, the government announced in the Autumn Budget that bereaved people would be able to benefit from the transferable marriage allowance after the death of their spouse or civil partner, for a tax year in which that partner was alive. This article examines the Finance Bill 2017-18 clause to enact this measure.

Technical
1 January 2018

The CIOT reports back from the Land and Buildings Transaction Tax Forum and on the Scottish government’s income tax discussion paper.

Technical
1 December 2017

LITRG responds to an enquiry into pensions freedom.

Technical
1 December 2017

The LITRG have published a report summarising the main shortcomings of the current universal credit system in respect of the self-employed and suggesting positive reforms that would encourage entrepreneurial activity and relieve administrative burdens.

Technical
1 December 2017

The CIOT and ATT have each written to HMRC to express their concerns over the guidance published on the distributions on company winding up (or phoenixing) Targeted Anti-Avoidance Rule (TAAR) introduced by Finance Act 2016.