Technical News

 


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

The Low Incomes Tax Reform Group (LITRG) has sounded a note of caution on any reduction of the VAT threshold in the near future.

In the Summer Budget 2015 the government proposed a series of changes to the regime for the taxation of foreign domiciliaries. Long term resident foreign domiciliaries were to be taxed as deemed UK domiciliaries but special trust protections were promised with it being stated that: “Non doms who have set up an offshore trust before they become deemed domiciled here under the 15 year rule will not be taxed on trust income and gains that are retained in the trust…”

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

This is a reminder that the LBTT legislation places an obligation on tenants in a lease that has been subject to an LBTT return to submit a further LBTT return following every third anniversary of the effective date of the lease. As LBTT took effect from 1 April 2015, the first possible applicable review date was 1 April 2018.

Revenue Scotland and the Scottish Environment Protection Agency hosted a Scottish Landfill Tax Forum on 23 May in Perth. 

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 and ATT held a webinar on the morning of the 7 June which looked at Making Tax Digital.

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