General Features

Scottish consultation on Land and Buildings Transaction Tax for property investment funds

Technical
Joanne Walker |
1 September 2018

The CIOT responded to a Scottish Government consultation on the potential introduction of reliefs from Land and Buildings Transaction Tax for the seeding of property assets into certain types of property investment fund and for when units in a Co-Ownership Authorised Contractual Scheme are traded.

General FeaturesPersonal tax

Auto enrolment and lower paid workers

Technical
Meredith McCammond |
1 September 2018

Auto enrolment is now business as usual and is widely regarded as a success. However, this success is at risk of being undermined by the fact that increasing numbers of workers are not receiving any tax relief to help make up their contribution amount.

Employment TaxGeneral Features

The complex world of cryptoassets

Technical
Helen Thornley, Sacha Dalton |
1 September 2018

With the growing number and variety of cryptoassets such as cryptocurrencies and digital tokens, the tax treatment can be complex and there is increasing need for clear guidance on the tax and accounting issues.

General FeaturesPersonal tax

Knock knock! Who’s there? – HMRC Co-design workshops

Technical
Helen Thornley |
1 September 2018

HMRC has been holding a number of co-design workshops to seek feedback on the design of a new ‘front door’ to HMRC online services.

General FeaturesManagement of taxes

Scotland update: tax coding issues for Scottish taxpayers; Carer’s Allowance Supplement

Technical
Joanne Walker |
1 August 2018

The CIOT requests feedback on issues with tax codes experienced by Scottish taxpayers and the LITRG reports back on a Scottish government meeting on the Carer’s Allowance Supplement.

General FeaturesManagement of taxesPersonal tax

SDLT residential rates: HMRC’s view on gardens sold separately and other areas of uncertainty

Technial
Kate Willis |
1 August 2018

The CIOT and the STPG have been working with HMRC to seek clarification of some aspects of the definition of residential property for SDLT.

General Features

Cash and digital payments in the new economy

Technical
Claire Thackaberry |
1 August 2018

The LITRG submitted a response to HM Treasury’s call for evidence on how digital technology is changing the way people make payments with a general transition away from cash to using digital payment methods. The call for evidence was very wide-ranging and LITRG only responded to questions which we have experience to answer such as on how the government could reduce tax evasion and the hidden economy.

General Features

Charity Tax Commission call for evidence: Review of Charitable Tax Reliefs

Technical
Richard Wild |
1 August 2018

The CIOT has responded to the Charity Tax Commission’s call for evidence for a review of charity taxation and tax reliefs. In our response we focused on our objectives for the tax system, highlighting the complexity of many reliefs, their inconsistent application, and how they have not kept up with changes in how public services are delivered.

General Features

Government responds to Treasury Committee concerns on childcare

Technical
Victoria Todd |
1 August 2018

An update on the Treasury Committee’s inquiry on Childcare, including the interactions between the various schemes, following publication of the Government’s response to the Committee’s report.

General Features

Treasury Committee Inquiry into VAT and Treasury Sub-Committee Inquiry into The conduct of tax enquiries and the resolution of tax disputes

Technical
Will Silsby, Emma Rawson, Victoria Todd, George Crozier, Tom Henderson, Sacha Dalton |
1 August 2018

The CIOT, LITRG and ATT have responded to the Treasury Committee’s wide-ranging Inquiry into VAT and its Sub-Committee’s Inquiry into The conduct of tax enquiries and the resolution of tax disputes. In addition to our written responses we have also given oral evidence to the Committees

General FeaturesIndirect TaxManagement of taxes