General Features

Anti-money laundering: CIOT and ATT webinar

Technical
Charlotte Ali |
1 October 2019

CIOT and ATT are hosting a free webinar for members which will look at what you need to be doing to comply with your anti-money laundering (AML) obligations and how you might come across money laundering in practice.

General Features

HMRC phone lines and escalating systems issues

Technical
Richard Wild |
1 September 2019

We recently raised with HMRC the deterioration of the service offered on their phone lines, and the difficulties in escalating ‘working together’ type issues within HMRC. These were discussed at the Joint Initiatives Steering Group meeting mid-July.

General Features

Social Investment Tax Relief

Technical
Kate Willis |
1 September 2019

The CIOT has responded to the recent call for evidence following low take-up for Social Investment Tax Relief.

General Features

Scotland update: recent meetings and submissions

Technical
Joanne Walker |
1 September 2019

LITRG made a written submission to the Scottish Affairs Committee of the UK Parliament in response to its inquiry into the impact of welfare policy in Scotland. A round-up of recent meetings in Scotland attended by CIOT and LITRG.

General Features

Will the new Money and Pensions Service help fill the pensions freedom advice gap?

Technical
Meredith McCammond |
1 September 2019

The Money and Pensions Service (formerly the Single Financial Guidance Body) is bringing together the Money Advice Service, Pension Wise and The Pensions Advisory Service. Its vision is ‘everyone making the most of their money and pensions’.

General Features

Disguised remuneration loan charge reporting deadline reminder

Technical
Meredith McCammond |
1 September 2019

The 30 September 2019 deadline, by which people who face the loan charge must report details of their position, is fast approaching. If your clients are affected by the loan charge, it is important that they meet this deadline, in addition to completing a 2018 /19 tax return.

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New scheme to help tackle problem debt, including tax debts

Technical
Sharron West |
1 September 2019

The Conservative Party made a manifesto commitment in 2017 to introduce a ‘breathing space’ scheme and a statutory debt repayment plan for those in England and Wales with problem debts. Something similar already exists in Scotland, known as a ‘debt arrangement scheme’.

General Features

Making Tax Digital for VAT

Technical
Richard Wild |
1 August 2019

As we approach the first quarterly submission deadline for MTD for VAT, we report below on a number of developments that might affect you and your clients.

General FeaturesIndirect Tax

HMRC letters and ‘certificates of tax position’ to individuals with offshore income, gains and assets – an update for CIOT members

Technical
Margaret Curran |
1 August 2019

The CIOT has recently published an update for members which provides information about HMRC’s letters and some guidance to help members decide the most appropriate way to respond if a client receives one of the letters.

General FeaturesManagement of taxes

Scotland update – consultation on a policy framework for devolved taxes; call for evidence on the Financial Memorandum to the Non-Domestic Rates (Scotland) Bill

Technical
Joanne Walker, Helen Thornley |
1 August 2019

CIOT made a written submission to the Finance and Constitution Committee of the Scottish Parliament in response to its call for evidence on the Financial Memorandum to the Non-Domestic Rates (Scotland) Bill. CIOT and LITRG made a joint submission in response to the Scottish government consultation on a policy framework for devolved taxes, to which ATT submitted a separate response.

General Features