Latest News

Press Release: Charities collaborate on tax debt advice films 21 February 2012
EU Tax Cases Supplements and Legislation Updated lists of EU Court of Justice judgements and orders, and a list of legislation and related documents, relevant to direct and indirect taxation. 21 February 2012
CFE Opinion Statement on ECJ transfer pricing case law re loans SGI 21 February 2012
Press Release: What is a reasonable excuse? Tax experts issue guide to late filing penalties 21 February 2012
SA penalty notices – what to do HMRC are about to start issuing penalty notices for late filed SA Tax Returns due on 31 January. Two key facts are: 1. HMRC may be able to cancel the return and penalty if the taxpayer calls them and establishes that they should not have been in SA. 2. Appeals can be made up to 31 March even if issued before the end of February. The latest alert from HMRC is copied below. 17 February 2012
HMRC PAYE update (basic PAYE tools and large businesses) HMRC have provided a further informal update on PAYE related matters for sharing. The update covers basic PAYE tools and advice for large businesses. 17 February 2012
EU Tax Developments to 31 January 2012 The summary of EU tax developments to 31 January 2012 is available to download here in Adobe (pdf) format. 17 February 2012
FB12 draft clauses - CIOT comments The CIOT comments, sent to HMRC and HM Treasury, on the Finance Bill 2012 (FB12) draft clauses. All the CIOT's FB12 submissions will be posted here. 17 February 2012
FB12 draft clauses - CIOT comments The CIOT comments, sent to HMRC and HM Treasury, on the Finance Bill 2012 (FB12) draft clauses. All the CIOT's FB12 submissions will be posted here. 17 February 2012
CFE European Tax Report, January 2012 15 February 2012
Press Release: Electricians face shock treatment over taxes 14 February 2012
Statutory Register of Lobbyists - Public consultation The CIOT invites comments on this consultation, published by the Cabinet Office, on 'Introducing a Statutory Register of Lobbyists. 14 February 2012
FB12 draft clauses - CIOT comments The CIOT comments, sent to HMRC and HM Treasury, on the Finance Bill 2012 (FB12) draft clauses. All the CIOT's FB12 submissions will be posted here. 14 February 2012
Entrepreneurs' Relief (ER) HMRC have agreed that the answers to some of the technical questions on the operation of ER raised with HMRC via the CGT Liaison Group (an HMRC forum) may be published. HMRC expect to incorporate the content of the answers into the HMRC CG manual. Further answers to outstanding technical questions will be posted here as they become available. 13 February 2012
HMRC PAYE update (RTI, webinars and YouTube) HMRC have provided a further informal update on PAYE related matters for sharing. The update covers RTI: P45, webinars and HMRC on YouTube. 10 February 2012
Capital losses - Mansworth v Jelley: cases under enquiry HMRC have today issued a letter to taxpayers with cases under enquiry where capital losses have been claimed on the disposal of shares acquired on the exercise of an employee share option before 10 April 2003. The letter is posted here and asks for a response within 40 days of the letter date. 10 February 2012
FB12 draft clauses - CIOT comments The CIOT comments, sent to HMRC and HM Treasury, on the Finance Bill 2012 (FB12) draft clauses. All the CIOT's FB12 submissions will be posted here. 10 February 2012
FB12 draft clauses - CIOT comments The CIOT comments, sent to HMRC and HM Treasury, on the Finance Bill 2012 (FB12) draft clauses. All the CIOT's FB12 submissions will be posted here. 10 February 2012
Press Release: Builders join doctors and tutors in the taxman’s sights 8 February 2012
EU Tax Developments 2011 The summary of EU tax developments for 2011 is available to download here in Adobe (pdf) format. 6 February 2012