Blog

Are you frustrated by the current social distancing and inability to travel far? Do you want to do something positive? How about joining the #notKili2020 challenge in aid of the tax charities? The charities’ #Tax2020Kili sponsored challenge to ascend Mount Kilimanjaro is being postponed to September 2021, due to the Covid-19 pandemic, so we have set an alternative free UK challenge in aid of the tax charities, whose funds have been hit by cancellation of events in the pandemic, while they focus on helping more people needing to do returns and make claims from the government.

The Scottish Government has introduced legislation to the Scottish Parliament that will extend the period for eligible property buyers to claim a refund of the Additional Dwelling Supplement (ADS) of Land and Buildings Transaction Tax (LBTT).

Guest blog by Tarlochan Lall, Barrister, CTA (Fellow), Monckton Chambers

• The conditions for eligibility appear to be more stringent in comparison to the job retention scheme.  The latest revisions expose anomalies in the provisions.
• The framework for SEISS and its structure cast doubts over what entitlement it gives.  HMRC’s message appears to be we’ll contact you, don’t contact us.
• The lack of a dispute resolution mechanism creates issues for operators and HMRC alike.
• HMRC’s guidance needs to be further refined as issues remain.

A report by a House of Lords committee has called on the government to address the ‘inherent flaws and unfairnesses’ in the IR35 regime and has recommended it reviews its entire approach to its plans to extend off-payroll working to the private sector from next year.