Technical News

 


If you haven't already registered, here are some reminders of HMRC's forthcoming Talking Point sessions:

We provide the latest issue of Indirect Tax Voice.

It has come to our attention that HMRC’s attempts to notify its customers about the changes to its bank accounts has not been completely successful.

HMRC has today confirmed that, whilst the Government is committed to laying these Regulations, due to delays in publishing guidance on Gov.uk to support those affected by the measure, the Regulations cannot now be laid to come into force on 30 June 2016 as previously expected. The period within which to comply with the Regulations will similarly be extended from the original date of 30 April 2017 to an appropriate later date to allow for the obligation to be incorporated as far as is possible into normal communications with clients.

From 6 April 2016, there is a whole new set of rules for how savings income (including interest) and dividends are taxed. Many will be better off, but there are pitfalls for some. LITRG’s new factsheet and website guidance will help you to understand the changes and to see if there is anything you need to do.

HMRC provide a communications document on PAYE Penalties.

HMRC have published their latest Agent Update.

The following update has been provided by Toni Clark, Head of Digital Agent Engagement at HMRC.

Revenue Scotland have published their first 'How to' video on an introduction to the LBTT Additional Dwelling Supplement.

We have recently received from HMRC updated draft guidance, and draft text for the client notification. We are currently awaiting updated draft regulations.