Finance (No2) Act 2015 s 50 places notification obligations on persons who give offshore advice or services. Regulations have not yet been published. We will be issuing guidance for members as soon possible.
The CIOT/ICAEW-led stakeholder group considers the Finance Bill 2016 entrepreneurs’ relief clauses and recommends some amendments.
FB 2016 corrects drafting errors but fails to rectify the anomaly for interest in possession trusts.
The consultation seeks input on what contributions should attract tax relief, how they should be routed and what reporting requirements might be appropriate.
CIOT comments on HMRC’s revised position
A summary of the changes resulting from CIOT’s representations
A summary of the changes being introduced
A round-up of developments from the Budget and the work of the Technical Teams
CIOT and ATT request for comments from members
LITRG comments on changes to Class 2 NI contributions