Technical News

 


HMRC has asked us to share the attached information in relation to “Help to Save”, which is an HMRC savings scheme for people on low incomes who are in receipt of Tax Credits or Universal Credit. It gives a bonus payment from the government of 50p for every £1 on savings paid into the account over a 4 year period.

The latest Land and Buildings Transaction Tax (LBTT) bulletin was published on 21 August on the Revenue Scotland website. This bulletin sets out Revenue Scotland’s view and provides an update on its approach to daily penalties following a recent decision of the Upper Tribunal for Scotland (UTS). 

HMRC has provided us with an update in relation to its digital services.

HMRC have published their latest Agent Update.

HMRC have asked us to draw attention to their following notice about forthcoming Talking Points meetings.

HMRC have asked us to draw attention to their following notice about forthcoming Talking Points meetings.

The CIOT has been corresponding with HMRC recently regarding the current position of significant delays in processing times of claims for R&D tax credits and RDEC claims by HMRC.  The problems that the significant delays being experienced are causing has been raised with us by a number of our members. 

HMRC have two additional webinars in advance of submission deadline day for Stagger 1 and Monthly customers, 7 August.

Joint CIOT, IFG and IFS letters urge new Chancellor and Financial Secretary to take a new approach to making tax policy.

HMRC have asked us to draw attention to their following notice about forthcoming Talking Points meetings.