Personal tax

Technical
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.

Technical
1 September 2018

CIOT webinar on Requirement to Correct is still available, alongside the webinar slides and Q&As from the questions received during the webinar.

Technical
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.

Technical
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.

Technical
1 August 2018

The ATT and CIOT have recently responded to a consultation on how best to extend the tax relief available to individuals paying for their own work-related training who cannot obtain relief under current rules.

Technical
1 August 2018

At the time of writing (early July), there is only one new development to report on the MTD front since our update piece in June’s Technical Newsdesk: the draft legislation to deal with penalties for failing to make returns, penalties for late payment, and the way that interest is charged and repaid for VAT was published on 6 July 2018.

Technical
1 July 2018

Some technical points relating to rates of tax and interactions with allowances

Technical
1 July 2018

The Work and Pensions Committee has now published its report on Universal Credit (UC) and self-employment making a number of recommendations that echo those made by LITRG in our October 2017 report and in written and oral evidence to the Committee.

Technical

The ATT and CIOT have responded to an HMRC consultation on the requirement for individuals and trustees to make a payment on account of CGT on the disposal of a residential property. The payment on account, together with a payment on account return, will be required within 30 days of completion.

Technical

The ATT and CIOT have responded to a consultation on proposals to tackle avoidance schemes where profits of trades or professions are moved outside the charge to UK tax.