Property Taxes


HMRC has published consultation documents for the draft legislation that amends the scope of the VAT relief for the installation of energy-saving materials (ESMs) in residential accommodation, to comply with CJEU ruling C-161/14 - Commission v United Kingdom dated 4 June 2015. The document pack includes the draft legislation, draft TIIN, draft explanatory memorandum and draft guidance.

MPs took a break from Brexit to debate beer taxation on March 28th, in a debate allocated by the Backbench Business Committee. The prime movers in obtaining the debate were three officers of the All Party Parliamentary Beer Group – Mike Wood and Nigel Evans (both Conservative) and Ruth Smeeth (Labour).

HMT and HMRC have issued a joint 12 week consultation on the 1% SDLT surcharge (on top of existing rates) on non-UK residents acquiring UK residential property as announced at Budget 2018. Legislation will follow in a ‘future Finance Bill’.

The Treasury Committee has launched an inquiry into Business Rates to scrutinise how Government policy has impacted business. The Committee will examine how Business Rates policy has changed, including Business Rates retention, alternatives to property-based taxes, such as the proposed digital services tax, and how changes to Business Rates could impact businesses.

The CIOT response to the HMRC call for evidence on Amendments to Tax Returns.

The CIOT comments on Capital allowances for structures and buildings.

MPs continued their committee stage scrutiny of the Finance Bill this afternoon. Debate was initially concluded on clauses 36 and 37, relating to oil activities and petroleum revenue tax, moving on to stamp duty land tax (higher rates for additional dwellings etc), and other stamp duty and SDRT measures. The committee then move on to debate clauses 50-52, on VAT, and changes to alcohol and tobacco duties, concluding at clause 56.

The CIOT FB18-19 representations to the public bill committee.

The STPG and CIOT comments sent to HMRC on the Consultation on the draft statutory instrument: The Stamp Duty Land Tax (Administration) (Amendment) Regulations 2018.

Briefings from the CIOT on Finance (No3) Bill.