Technical News

 


Revenue Scotland provide an update about the LBTT Additional Dwelling Supplement guidance.

Further to our news item of 11 March we are now able to provide an update concerning employers and payroll operators, who were not able to see S-code information when downloading tax codes to third party software.

HMRC have issued a short update in relation to Scottish taxpayers, S-codes and P9s received by employers and payroll operators.

Stage 3 of the Land and Buildings Transaction Tax (Amendment) (Scotland) Bill took place in the Scottish Parliament on 8 March. The Bill has been passed. Subject to Royal Assent, the additional dwelling supplement policy will take effect from 1 April 2016.

Revenue Scotland provide an update on their FAQs.

We understand that HMRC is currently working on revised draft regulations and guidance in relation to the proposed obligations on advisers to write to their clients in relation to sources of income or assets held outside the UK.

HMRC has published a number of documents explaining how multi-national companies are taxed

The first edition of Employment Taxes Voice has been published and is available to read and download from the Tax Adviser website here.

It has come to our attention that some Scottish taxpayers are incorrectly receiving tax codes for 2016/17 that do not contain the “S” prefix. Please let us know if 2016/17 tax codes that you receive for Scottish taxpayer clients are correct in terms of determining their Scottish taxpayer status.

HMRC is developing a new ATED digital service. Live testing of the new ATED digital service is ongoing