Technical News

 


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

With the deadline of 5 March 2018 fast approaching, many members will be busy completing registrations with the Trust Registration Service (TRS).  HMRC are expecting that around 170,000 trusts will need to register with the TRS by this date.

HMRC has recently (13 February) provided us with an update on their project to digitise the VAT RES system, to improve the efficiency for both retailers and travellers, and also to help reduce fraud.

We have received the email below from Revenue Scotland concerning guidance on leases and the three-year leases review.

We surveyed our members during November 2017 for their views on how they approached compliance with the obligations imposed on them by the International Tax Compliance (Client Notification) Regulations 2016 and to obtain feedback on their experiences.   These regulations placed an obligation on tax advisers who provided offshore advice or services in the year to 30 September 2016 (beyond solely the preparation and delivery of tax returns) to send certain clients a notification comprising an HMRC branded document and standard wording for inclusion in a covering letter or email by 31 August 2017.

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

HMRC have asked us to help them publicise new legislation called the ‘Requirement to Correct’. 

We have received the message below from Revenue Scotland, together with the attached information leaflet.

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

What are your views on rent-a-room relief?