OMB

Technical
1 December 2016

When completing a Self-Assessment (SA) tax return for an individual with both employed and self-employed earnings it is necessary to consider the Class 1, 2 and 4 annual maximum. Although HMRC say that they will automatically carry out this calculation on receipt of the SA return this requires the individual’s NIC record to be complete. Any errors or omissions from the record are likely to result in HMRC asking for the wrong amount.

Technical
1 October 2016

The CIOT supports widening the scope of the substantial shareholding exemption (SSE).

Technical
1 October 2016

The proposed changes to the rules dealing with corporation tax loss relief will have winners and losers and what is proposed is far from simple.

Technical
1 October 2016

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

Technical
1 September 2016

An update on HMRC’s policy on voluntary (unsolicited) income tax self-assessment (ITSA) returns after the case of Revell v HMRC .

Technical
1 September 2016

HMRC has provided us with details of its current approach to clearance requests involving distributions in a winding-up.

Technical
1 August 2016

The professional bodies point to the advantages of removing the barriers to de-enveloping residential property

Technical
1 August 2016

The team report on the amendments to the entrepreneurs’ relief clauses in Finance Bill 2016

Technical
1 August 2016

ATT provides comments to HMRC on F(no2)B 2016, cl 72, Schs 11 and 12

Technical
1 August 2016

The CIOT has written to HMRC with suggestions for examples that we would like to be addressed in HMRC guidance on cl 35