Technical

Technical

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

Technical
1 May 2018

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

Technical
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.

Technical

The impact of unclear and out-of-date guidance can be a significant barrier to the smooth and fair operation of the tax system.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?

Technical

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.

Technical
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.

Technical

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

Technical
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.

Technical
1 April 2018

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

Technical

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.