Indirect Tax

Technical
1 November 2016

The CIOT has responded to a call for evidence from the Finance Committee of the Welsh National Assembly on the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill (‘the Bill’)

Technical
1 November 2016

The CIOT responded to the ‘Stamp duty land tax: changes to the filing and payment process’ consultation that followed the announcement at Autumn Statement 2015 that the SDLT filing and payment period will be reduced from the current 30 days to 14 days after the effective date of the transaction (to be implemented during 2017-18 with the exact date to be confirmed)

Technical
1 November 2016

CIOT has engaged with HMRC on the meaning of the term ‘use and enjoyment’ for VAT purposes

Technical
1 October 2016

Land transaction tax (LTT) will replace the UK stamp duty land tax (SDLT) in Wales from April 2018. The Welsh Government consulted widely on the policy design of LTT. Since consulting on proposals for LTT, changes have been introduced to SDLT and Scottish Land and Buildings Transaction Tax (LBTT): in particular, the higher rates charged on purchases of additional residential properties introduced by the UK and Scottish Governments from 1st April this year.

Technical
1 October 2016

The CIOT responded to a call for evidence issued by the European and External Relations Committee of the Scottish Parliament, called to support its inquiry into the implications for Scotland’s relationship with the EU after the referendum on 23 June.

Technical
1 October 2016

The CIOT has responded to HMRC’s consultation; supporting the main aims but raising concerns about definitions.

Technical
1 October 2016

Have your say on HMRC’s Making Tax Digital proposals.

Technical
1 September 2016

The CIOT responded to a Revenue Scotland consultation on guidance for Scottish landfill tax (SLfT) on how to determine the rate for waste fines. The legislation takes effect on 1 October – this sets out the conditions that must be met for the fines to qualify for the lower rate of SLfT. Revenue Scotland is updating its guidance to take account of the legislative changes.

Technical
1 September 2016

The CIOT, ATT and ICAEW join forces to seek improvements for businesses, advisers and HMRC when dealing with sales of businesses.

Technical
1 September 2016

Recent case law highlights the stormy relationship between VAT and room hire, and considers the importance of exclusivity of use.