General Features

The Technical Teams of CIOT and ATT: help us to help you

Technical
Richard Wild, Helen Thornley |
1 June 2019

The CIOT and ATT Technical Teams receive hundreds of queries each year. While there are many areas where we can assist, we are unable to answer all of them in the way that the enquirer might hope (read on to find out why). We can assist in a number of areas, though we often need your help in gathering supporting evidence.

General Features

Making Tax Digital: important updates to VAT Notice 700/22, and enrolling businesses with no Unique Taxpayer Reference

Technical
Richard Wild |
1 June 2019

HMRC has added some important updates to VAT Notice 700 /22, including three relaxations to the digital record keeping requirements. The process for enrolling into Making Tax Digital if you do not have a Unique Taxpayer Reference has also been clarified.

General FeaturesIndirect Tax

Making Tax Digital for VAT: choosing software

Technical
Sharron West |
1 June 2019

LITRG highlights issues surrounding accessibility of MTD-capable software for people with particular needs.

General FeaturesIndirect Tax

Company distributions in a winding up and Spotlight 47

Technical
Margaret Curran |
1 June 2019

HMRC’s updated view on attempts to avoid an income tax charge when a company is wound up.

General Features

SDLT: non-UK resident surcharge consultation

Technical
Helen Thornley, Kate Willis |
1 June 2019

The ATT and CIOT have responded to a consultation proposing an additional 1% SDLT charge for non-resident purchasers of residential property in England and Northern Ireland, highlighting a number of areas where the policy may have unintended and adverse consequences.

General FeaturesPersonal tax

The Master Customer Journey for New Trustees

Technical
Helen Thornley |
1 June 2019

In April ATT representatives attended a workshop as part of HMRC’s Master Customer Journey work, looking at the experience of an individual who has become a trustee for the first time.

General FeaturesInheritance Tax and trusts

Welsh devolved taxes update

Technical
Kate Willis |
1 June 2019

Recent developments in Welsh devolved taxes include new regulations amending tax legislation for changes arising from the UK’s exit from the EU and updated Land Transaction Tax guidance for ‘garden and grounds’.

General Features

Making Tax Digital – important updates to VAT Notice 700/22, and enrolling businesses with no Unique Taxpayer Reference

Technical
Richard Wild |
9 May 2019

HMRC has added some important updates to VAT Notice 700/22, including three relaxations to the digital record keeping requirements. The process for enrolling into Making Tax Digital if you do not have a Unique Taxpayer Reference has also been clarified.

General FeaturesIndirect Tax

Making Tax Digital for VAT (MTD): More news on applying for exemption, penalties and updated guidance

Technical
Sharron West, Emma Rawson, Jayne Simpson |
1 May 2019

As compliance with MTD for VAT is now mandatory for many businesses (since 1 April 2019), if you have clients who are struggling to get to grips with the new regime it is worth considering whether they may have grounds for claiming exemption before enrolling them into the MTD for VAT programme.

General FeaturesIndirect Tax

Brexit: behind the scenes

Technical
Jayne Simpson |
1 May 2019

We continue to receive numerous daily updates from GOV.UK setting out the UK government’s preparations for a ‘no-deal’ Brexit scenario and our members continue to make similar preparations. The CIOT has also been working behind the scenes to clarify a number of tax matters in relation to VAT and direct tax that would arise if the UK left the EU without a deal. We set out two examples below.

General FeaturesIndirect Tax