Technical

Personal Tax Account, hypothetical code numbers and dynamic coding

Technical
Gillian Wrigley |
1 November 2018

LITRG would like feedback from you on issues that have been raised with us around the personal tax account, hypothetical code numbers and dynamic coding.

Personal tax

DAC6: mandatory disclosure of reportable cross-border tax arrangements

Technical
Margaret Curran |
1 November 2018

HMRC are seeking views prior to formal consultation on the implementation of DAC6 in early 2019.

Management of taxes

Spotlight on…the CIOT’s Scottish Technical Sub-Committee

Technical
Joanne Walker |
1 November 2018

This month, in our series of articles about the CIOT’s technical sub-committees, CIOT and LITRG Technical Officer Joanne Walker outlines the work of the Scottish Technical Sub-Committee.

General Features

Scotland update: call for evidence on social security and in-work poverty; and meetings with Scottish Government

Joanne Walker |
1 October 2018

The LITRG responded to a call for evidence on social security and in-work poverty issued by the Social Security Committee of the Scottish Parliament. Representatives of CIOT, LITRG and ATT also met with Scottish Government.

General Features

Financial Conduct Authority consults on measures to protect pension savings

Technical
Meredith McCammond |
1 October 2018

Over the summer, LITRG have been inputting into the Financial Conduct Authority‘s work on the outcomes of the pension freedom reforms and in particular the resulting problems facing consumers.

General Features

Off-payroll working in the private sector consultation response

Technical
Matthew Brown, Helen Thornley, Emma Rawson, Meredith McCammond |
1 October 2018

The ATT, CIOT and LITRG have separately responded to the government’s off-payroll working in the private sector consultation and urged the government to rethink its approach

Employment Tax

Transfer pricing: BEPS Actions 8–10 Financial Transactions

Technical
Sacha Dalton |
1 October 2018

CIOT has responded to the OECD’s Public Discussion Draft on transfer pricing for financial transactions, continuing the work of the G20/OECD’s BEPS project under Actions 8 to 10 with the mandate to ‘Align transfer pricing outcomes with value creation’.

International Tax

Ongoing consultation with HMRC on VAT grouping

Technical
Jayne Simpson |
1 October 2018

Following on from our article in the May issue of Tax Adviser looking at the potential options for the expansion of VAT grouping arising from the joined cases Larentia + Minerva (C-108/14) and Marenave (C-109/14), the CIOT was represented at the technical consultation meeting with HMRC to discuss the draft legislation, published on 6 July 2018, along with a policy paper and explanatory notes .

Indirect Tax

Brexit: government advice for business on ‘no-deal’ VAT, Customs and Excise

Technical
Angela Fearnside |
1 October 2018

The government has published technical notices covering indirect taxes as part of its contingency planning for March 2019, should the UK exit the EU with no withdrawal agreement in place. Many issues could still be relevant for potential future ‘deal’ scenarios.

General FeaturesIndirect Tax

Finance Bill 2018–19: Penalties and interest (Clauses 30-32 Schedules 11–14)

Technical
Joanne Walker, Margaret Curran, Will Silsby, Emma Rawson |
1 October 2018

The CIOT, ATT and LITRG have responded to consultations on the draft Finance Bill 2018-19 Clauses and Schedules in respect of penalties and interest.

Indirect TaxManagement of taxes