Press releases

 


Commenting on the launch of three parliamentary reviews into the tax system, CIOT Tax Policy Director John Cullinane said:

A Scottish Government plan to help first-time homebuyers by giving them a relief on property tax could be complex and difficult to enforce under current proposals, tax professionals have warned.

The results of a survey of members of the Chartered Institute of Taxation (CIOT) and the Association of Taxation Technicians (ATT) suggest that there is no clear consensus in the tax profession to reform the increasingly popular rent-a-room relief.

The Chartered Institute of Taxation (CIOT) has welcomed a “practical and pragmatic” agreement between the UK and Scottish Governments on changes to tax reliefs following last month’s Scottish Budget.

Commenting on today’s unveiling by the European Commission of its plans on the taxation of the digital economy, Glyn Fullelove, Chair of CIOT’s Technical Committee, said:

The Low Incomes Tax Reform Group (LITRG) is calling on couples to declare money held in joint accounts otherwise they might face penalties for non-disclosure, and has suggested to HMRC ways they can prevent people falling unwittingly into non-compliance in the first place.

Commenting on today’s UK - EU conditional agreement on terms for a transition period after Brexit, Alan McLintock, Chair of CIOT’s Indirect Taxes Sub-committee, said:

The Low Incomes Tax Reform Group (LITRG) has welcomed the Government announcement during a House of Commons debate that the tax and National Insurance relief offered through childcare vouchers would remain available to new applicants for a further six months.

Campaigners for taxpayers on low incomes have given a cautious welcome to a call for evidence launched today on ways in which online platforms could act as intermediaries between their users and HMRC by enabling users to understand and comply with their tax obligations.

The Chartered Institute of Taxation (CIOT) has welcomed today’s updated position paper from the Government on corporate tax and the digital economy. The CIOT is supportive of government attempts to review what activities constitute value-creation, but believes any changes should be introduced through international negotiation.