Inheritance Tax and trusts

Taxation of non-UK domiciliaries

Technical
Kate Willis |
1 May 2018

Committee members of the professional bodies have produced draft Q&As on aspects of the reforms to the taxation of non-UK domiciliaries.

Inheritance Tax and trustsPersonal tax

The Trust Registration Service

Technical
Helen Thornley, John Stockdale |
1 January 2018

Further changes to information requirements for the Trust Registration Service.

Inheritance Tax and trusts

Trust Registration Service and Agent Services Account

Technical
Helen Thornley, John Stockdale |
1 December 2017

The CIOT and ATT have written to HMRC regarding the challenging deadline for providing information under new anti-money laundering legislation for trusts and provide further updates on accessing the Trust Registration Service and the new Agent Services accounts.

General FeaturesInheritance Tax and trusts

The Trust Registration Service

Technical
Helen Thornley, John Stockdale |
1 November 2017

Due to the delayed agent access to the new Trust Registration Service, HMRC are extending the self-assessment registration deadline for 2016/17 for trusts.

Inheritance Tax and trusts

‘Patient Capital’ consultation

Technical
Kate Willis |
1 November 2017

The CIOT responded to the Treasury consultation ‘Financing growth in innovative firms’, part of the government’s Patient Capital Review, considering barriers to accessing long-term investment (patient capital) for the development of young innovative firms.

Inheritance Tax and trustsOMBPersonal tax

Draft FB 2017 Cl 42 Sch 13: IHT on enveloped overseas property with value attributable to UK residential property

Technical
John Preston |
1 March 2017

Improving the practicality of the draft legislation.

Inheritance Tax and trusts

Draft FB 2017 Cl 40: Deemed domicile, income and capital gains tax

Technical
Kate Willis |
1 March 2017

The CIOT considers the first tranche of the FB 2017 clauses implementing the non-dom reform package.

Inheritance Tax and trustsPersonal tax

The FA 2016 practicalities of investment income for Estates and Trusts

Technical
John Preston |
1 January 2017

A summary of how the FA 2016 changes to the taxation of dividends and interest affect Personal Representatives and Trustees

Inheritance Tax and trusts

CIOT questions benefit of changes to VADR and IHT DOTAS changes

Technical
Maric Glaser, Margaret Curran, John Preston |
1 September 2016

The CIOT has responded to HMRC’s consultation on strengthening the disclosure rules.

Indirect TaxInheritance Tax and trusts

BEPS Action 15 – multilateral instrument

Technical
Sacha Dalton |
1 August 2016

The CIOT responds to the OECD on the BEPS multilateral instrument and hopes that a draft of this unique instrument is made available as soon as possible. This will ensure that the tax treaty-related BEPS measures are developed and implemented accurately and effectively. It notes that the resulting complexity from the multilateral instrument will be challenging.

Inheritance Tax and trusts