Technical

Trust Registration Service Penalties

Technical
Helen Thornley, John Stockdale |
1 May 2018

HMRC have announced further details of the penalty regime for the Trust Registration Service.

Inheritance Tax

Making Tax Digital update

Technical
Margaret Curran |
1 May 2018

HMRC launch Making Tax Digital (MTD) income tax pilot for the self-employed and the MTD VAT pilot

General FeaturesIndirect TaxManagement of taxes

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 TaxPersonal tax

HMRC guidance: difficulties with out-of-date, inaccurate and hard to find guidance

Technical
Angela Fearnside, Kate Willis |
1 May 2018

The impact of unclear and out-of-date guidance can be a significant barrier to the smooth and fair operation of the tax system. This is an issue that our members regularly contact us about. What can be done to improve the current situation?

General Features

Trading and Property Allowances: Record-keeping obligations

Technical
Will Silsby, Sharron West |
1 May 2018

Although relevant annual receipts not exceeding £1,000 may be non-taxable and the allowance may replace a deduction for actual expenses, record-keeping obligations remain.

OMBPersonal tax

Spotlight on… the CIOT’s Corporate Taxes technical sub-committee

Technical
Sacha Dalton |
1 May 2018

The month, in our series of articles about the CIOT’s technical sub-committees, CIOT Technical Officer Sacha Dalton outlines the work of the Corporate Taxes sub-committee.

General FeaturesLarge Corporate

HMRC interest in websites of tax advisers

Technical
Jane Mellor, Margaret Curran |
1 April 2018

Recent HMRC interest in websites when tackling tax avoidance and a reminder to members to keep their own websites under review.

Professional standardsTechnical

VAT and vouchers: CIOT responds to consultation

Technical
Jayne Simpson |
1 April 2018

The CIOT responded to HMRC’s consultation on VAT and vouchers, arising from the EU Vouchers Directive (2016/1065 of 27 June 2016) that seeks to harmonise the voucher rules throughout the EU.

Indirect Tax

Qualifying care relief: LITRG comments on draft regulations which would change the rules

Technical
Gillian Wrigley |
1 April 2018

HMRC have published draft amendment regulations on qualifying care relief and LITRG has submitted comments on these

General Features

PAYE Settlement Agreement (PSA) process: CIOT, ATT and LITRG respond to consultation

Technical
Matthew Brown, Helen Thornley, Victoria Todd |
1 April 2018

HMRC published a short consultation in February 2018, looking at making changes to the PAYE Settlement Agreement (PSA) process to remove the requirement for employers to annually agree their PSA with HMRC and pave the way for a future online process. CIOT, ATT and LITRG responded to HMRC and while welcoming the introduction of ‘enduring agreements’ raised concerns around the removal of the reasoning for HMRC to cancel a PSA contained in the current legislation.

Employment Tax