Technical News

 


HMRC has provided an update for agents registered for the AOSS service.

The AWRS was introduced on 1 January 2016 in order to tackle alcohol duty fraud. The scheme requires all alcohol wholesalers to apply for registration and gives HMRC the ability to refuse registration to businesses where there is evidence they are not ‘fit and proper’ to be approved. 

At a meeting of the Virtual Communications Group on 21 March 2016 HMRC explained the forthcoming changes to logging in for HMRC online services. 

As announced at Autumn Statement 20151, the government has been considering possible legislation to amend the changes made by Finance Act 2015 to Entrepreneurs’ Relief, in order to support businesses by ensuring that the relief remains available on certain genuine commercial transactions.

As announced at Autumn Statement 20151, the government has been considering possible legislation to amend the changes made by Finance Act 2015 to Entrepreneurs’ Relief, in order to support businesses by ensuring that the relief remains available on certain genuine commercial transactions.

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.