2010 Newsdesk
This section contains reports and notifications relating to tax technical work carried out by the CIOT.
Many of these articles are also published in the CIOT monthly magazine 'Tax Adviser'.
Items older than a year are available in Technical Newsdesk Archive
- HMRC Weekly PAYE Updates (P11D processing, new HMRC number for employee inquiries, PAYE payslip booklets, 50% income tax rate) HMRC has provided further informal highlights on PAYE related matters for sharing. The December updates include information on P11D processing, new contact number for employees’ use, PAYE payslip booklets, and PAYE and the 50% income tax rate. 31 December 2010
- Technical Team Activity Report September - November 2010 13 December 2010
- Agent Update 21 Agent update 21, December-January 2010-11, has been published. This is available to download here in PDF format. 9 December 2010
- HMRC Weekly PAYE Update (PAYE consultation, P14 matching and Payment allocation) HMRC has provided a further informal highlight on PAYE related matters for sharing. This week’s update includes information on allocating employer payments correctly, matching rules for 2010-11 P14s and the further consultation on PAYE (Real Time Information). 3 December 2010
- HMRC website update: VAT online guidance HMRC have updated their VAT online guidance, taking into account feedback from the professional bodies, to help reduce errors in online filing and payment. 30 November 2010
- HMRC weekly PAYE update (coding changes for 2011/12) and Employer email alert (Employer CD-ROM) HMRC has provided a further informal highlight on PAYE related matters for sharing. This week’s update includes information on coding changes for 2011/12. HMRC has also issued an email alert to employers (if you have not already signed up to receive these you may wish to do so). The alert includes information on a critical update for users of the Employer CD-ROM. 30 November 2010
- R&D Consultative Committee meeting with HMRC/HMT At a recent meeting with HMRC a number of important developments for R&D Tax credits were highlighted, which should be of interest to any members dealing with R&D tax credits. 29 November 2010
- Extension to HMRC Contact Centre opening hours From Monday 29 November HMRC plan to extend their Contact Centre opening hours (including the Tax Credits Helpline). As was proposed in the original consultation, opening hours during crucial periods such as tax credits renewals will be increased to meet higher demand. 26 November 2010
- Partnerships - New registration forms and guidance 26 November 2010
- CGT: Time limits for withdrawal of holdover relief (TCGA 1992 section 165) HMRC's response to the CIOT's query concerning the time limit for withdrawal of holdover claims 15 November 2010
- HMRC Weekly PAYE Update: P11Ds, P45s & Email Alerts HMRC has provided a further informal update on PAYE related matters for sharing. This update includes information on 2009-10 P11D processing, the incorrect filing of P45s online and employer email alerts. 15 November 2010
- Survey for HMRC into filing income tax SA returns The CIOT is hosting an ‘all agent’ survey on behalf of HMRC and Working Together to find out more about how agents file their clients' Income Tax Self Assessment (SA) returns and also to understand any barriers to filing SA returns evenly throughout the filing period, or online. 15 November 2010
- PBR or not to PBR - update Further to the entry on the website on 5 November ‘PBR or not to PBR’, a written Ministerial statement was recently published with gives more news on the Government’s plans. 12 November 2010
- HMRC PAYE Update: P11D processing HMRC has provided a further informal update on PAYE related matters. This update includes information on the automatic processing of P11Ds and the resultant issue of tax codes and P800 tax calculations. 5 November 2010
- PBR or not to PBR Reporting back on queries regarding the likely timing of any Autumn Statement and the future of the Pre-Budget Report. 5 November 2010
- HMRC Weekly PAYE Update HMRC has provided a further informal update on PAYE related matters. The update includes information on P6 delays, changes to P46 procedures, centralisation of PAYE work & P35 penalties. 5 November 2010
- Agent Update 20 Agent update 20, October-November 2010, has been published. This is available to download here in PDF format. 4 November 2010
- Forthcoming Learning Together events for tax agents and advisers A series of free half day events is taking place throughout November. These events are arranged by HMRC and bring together tax agents and advisers and HMRC’s operational staff’. 1 November 2010
- Government announces changes to restricting pensions tax relief On 14 October 2010, Mark Hoban MP, Financial Secretary to the Treasury, announced that the Government will abandoned the previous Government’s proposals and will instead make changes to the annual allowance for tax relief on pensions. 28 October 2010
- HMRC update on End of Year reconciliation and paper P14 forms HMRC have recently provided further informal updates.The updates include information on HMRC’s work on End of Year (EoY) PAYE reconciliations for the years 2008/9 and 2009/10 and paper P14 forms. 19 October 2010
