Transposition of the Fifth Money Laundering Directive: consultation responses
The stated objective of the transposition is to ensure that the UK’s anti-money laundering and counter-terrorist financi...
Inheritance Tax and trusts
Inheritance Tax and trusts
The Master Customer Journey for New Trustees
In April ATT representatives attended one of the early workshops in HMRC’s latest Master Customer Journey (MCJ) project ...
Trust Review: CIOT response
HMRC’s ‘The Taxation of Trusts: a Review’ issued on 7 November 2018 set out the three principles that the government sai...
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The Taxation of Trusts: a review
Last year, HMRC launched a wide-ranging consultation on the taxation of trusts.
The Trust Registration Service: looking ahead
By 10 January 2020 many more registrations on the Trust Registration Service are likely to be required following the Fif...
CIOT meets OTS to discuss its Inheritance Tax Review Call for Evidence and Survey
Rather than submitting a written response to the OTS’ Inheritance Tax Review Call for Evidence or respond specifically t...
The Trust Registration Service: where are we now?
Those involved in the first round of trust registrations for 2016-17 will be aware that there were a number of what migh...
Spotlight on … the CIOT’s Succession Taxes technical sub-committee
The success of the Succession Taxes sub-committee relies on the experiences of its members when we liaise with HMRC to e...
Trust Registration Service Penalties
The obligations of trustees to maintain accurate and up-to-date records of their beneficial owners, and to register and ...
Taxation of non-UK domiciliaries
Finance (No 2) Act 2017 introduced very significant changes to the taxation of non-UK domiciliaries.