General Features

Technical
1 February 2019

There are lots of regulatory requirements to deal with when setting up in practice. It can be easy to overlook some of these but you are reminded that it is a legal requirement to be registered for anti-money laundering (AML) supervision if you are ‘acting in the course of business’ as any of the following: ‘auditors, insolvency practitioners, external accountants and tax advisers’. Tax advisers include those dealing with tax compliance work and more specialist advisory work such as capital allowances or R&D claims.

Technical
1 February 2019

The time limit to file a Stamp Duty Land Tax (SDLT) return and pay the tax due will reduce from 30 days to 14 days from 1 March 2019. New regulations make consequential amendments and changes to the return particularly for a deferment application

Technical
1 February 2019

What are your recent experiences of dealing with HMRC’s clearance services?

Technical
1 February 2019

The VAT pilot has been opened up to all businesses who are mandated into MTD from 1 April 2019, but care needs to be taken to sign up at the right time. HMRC is also writing directly to businesses – have you/your clients received a letter?

Technical
1 February 2019

Finance (No.3) Bill completed its Commons stages after an unusually eventful passage which saw four sets of government amendments and six opposition amendments passed.

Technical
1 February 2019

In the last in our series of articles about the CIOT’s technical sub-committees, CIOT Technical Officer Kate Willis outlines the work carried out by the Capital Gains Tax & Investment Income (CGT&II) Sub-committee.

Technical
1 January 2019

Despite there being various tax and accounting implications to be aware of, there is very little factual guidance from HMRC or Department for Work and Pensions for recipients of Access to Work grants.

Technical
1 January 2019

Legislation introducing an anti-profit fragmentation rule incorporates a number of improvements on the previous draft legislation and original consultation proposals.

Technical
1 January 2019

The Finance Bill contains provisions to determine the tax treatment of social security income, and, in particular, the social security benefits devolved to Scotland, following LITRG discussions with the Scottish government.

Technical
1 January 2019

As you might expect from the press coverage and public debate in recent years around large multinational groups, particularly those involved in the digital space, but not exclusively, and whether or not they are paying a ‘fair’ amount of tax, the International Taxes Sub-Committee of the CIOT has been busy.