Press releases

 


In his inaugural speech as President of the Chartered Institute of Taxation (CIOT), Glyn Fullelove will today say that high professional standards has the potential to be one of the strongest positive messages in the CTA (Chartered Tax Adviser) brand. He will say there is no place for any tax advisers who promote avoidance schemes in the CIOT.

The Chartered Institute of Taxation (CIOT) backs the Office for Tax Simplification’s (OTS) call for the Government to prioritise action to address long-standing concerns about the experience of smaller businesses. The CIOT agrees that the Government should offer better and more readily accessible guidance, joined-up across government and communicated through multiple channels, to help people starting small businesses.

The Chartered Institute of Taxation (CIOT) is appealing to the Government to hold off on adding further complexity to the taxation of residential property after a spate of changes in recent years, or risk further confusing the public and those involved in property transactions such as conveyancers.

The Chartered Institute of Taxation (CIOT) has commented on the Scottish Government's announcement not to proceed with plans to reduce Air Departure Tax (ADT).

The Chartered Institute of Taxation (CIOT) is tempering expectations that the planned UK Digital Services Tax is a cure for ailing high streets.

The Chartered Institute of Taxation is advising Scottish taxpayers to be aware of the "practical realities" of income tax divergence as the new tax year begins tomorrow (6 April)

The Low Incomes Tax Reform Group (LITRG) is reminding couples that they have until this time next year (5 April 2020) to claim marriage allowance refunds dating back to the first tax year of the allowance, 2015/16.

From today, an estimated half a million1 VAT registered businesses must comply with the requirements of Making Tax Digital. But the CIOT and ATT are warning businesses against making a false start with Making Tax Digital by signing up too early – the consequences of which can be hugely problematic for them and HMRC.

The Chartered Institute of Taxation (CIOT) has announced the appointment of Jane Brothwood and Quinton Quayle as new Lay Public Interest Observers of the Institute’s Council.

Commenting on today’s report1 from HM Treasury on time limits in the tax system, which focuses in particular on time limits for tackling offshore non-compliance and the charge on disguised remuneration loans, CIOT President Ray McCann said: