Simplifying the taxation of offshore interest: HMRC consultation
The consultation explores whether the assessing period for non-UK (‘offshore’) interest should be changed to a calendar ...
Technical
Technical
Finance Bill 2024-25: Employee-ownership trusts
Following the October Budget, the CIOT made representations expressing concern about the narrow focus of the new distrib...
Pensions and inheritance tax: a consultation
The ATT and CIOT have both recently responded to the HMRC technical consultation ‘Inheritance tax on pensions: liability...
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Latest briefings
Finance Bill 2024-25: Property taxes
Furnished holiday lettingsClause 25 and Schedule 5 provide for the abolition of the furnished holiday lettings (FHL) reg...
Finance Bill 2024-25: International taxes
Clauses 19 to 22 of the Finance Bill 2024-25 make changes to various international tax aspects of the UK tax code....
Finance Bill 2024-25: ATT briefings
Hybrid carsClauses 5 and 6 of the Finance Bill set out the benefit in kind percentages for company cars which will apply...
Scottish Budget 2025-26 and Scotland’s Tax Strategy
On 4 December 2024, the Cabinet Secretary for Finance and Local Government Shona Robison set out the Scottish Budget for...
Finance Bill 2024: Employee ownership trusts
The CIOT’s latest response was largely positive, many of the Finance Bill proposals being in tune with suggestions the C...
Labour market – a flurry of activity!
Zero hours contracts for agency workersThe government published a consultation in October (tinyurl.c
Finance Bill 2024: Non‑domicile/remittance basis changes
On 18 November 2024, HMRC convened a meeting of representatives from several professional bodies, including the CIOT, to...