Technical

22 April 2022

The CIOT has responded to consultations by the UK government and the OECD/G20 Inclusive Framework on BEPS on the Pillar 2 rules addressing the tax challenges arising from the digitalisation of the economy – the Global Anti-Base Erosion Model Rules.

22 April 2022

ATT, CIOT and LITRG press releases gave their initial reactions to the announcements on tax by the Chancellor in his Spring Statement on 23 March 2022 and to the Tax Plan that sets out the government’s future direction of travel in relation to tax policy.

22 April 2022

In its conclusion to the Business Rates Review consultation in 2020-21, the government committed to exploring whether introducing an online sales tax may be a viable option to address the rebalancing of the business rates system, where the costs of business rates for bricks and mortar high street retailers exceed those for online retailers who are generally less dependent on high value properties.

The Low Incomes Tax Reform Group, CIOT and ATT have each met with the Office of Tax Simplification to discuss their Review of Simplification scoping document ( tinyurl.com/3vdex8fm ).

22 April 2022

The CIOT and the Stamp Taxes Practitioners Group have responded to the recent consultation by the Welsh government on using land transaction tax to help to address the impact of second homes and short-term holiday lets on permanent housing in Wales.

22 April 2022

Representatives of the CIOT, LITRG and the ATT have attended recent forums with HMRC, including the Employment and Payroll Group, the Collection of Student Loans Group, the Expat Tax Forum and the Employment Status and Intermediaries Forum.

22 April 2022

The Office of Tax Simplification is reviewing the current regime for taxing residential property income. The CIOT will be responding and would welcome your input.

TECHNICAL
28 March 2022

A recent business rates consultation includes details of new 30-day and annual reporting obligations for businesses to facilitate three yearly business rates valuations – the CIOT has responded.

TECHNICAL
28 March 2022

The CIOT has responded to a technical consultation on draft regulations relating to the freeports zero rate of secondary Class 1 national insurance contributions, which will relax the working time requirement for certain freeport site employees.