Tax credits: the Autumn Statement and the future
We welcomed the Chancellor’s announcement that he would not to go ahead with changes to the tax credit taper rate and th...
Personal tax
Personal tax
SDLT Issues
The CIOT is represented on two HMRC stakeholder forums concerned with SDLT.
Implementation of the financing restriction for residential let property: the CIOT’s concerns
An anomaly for trusts The CIOT has raised concerns with HMRC on the application of what has become FA 2015 s 24 (relief...
Most popular reads
Latest briefings
FB 2015 – relief for finance costs related to residential property businesses
The ATT’s comments on clause 24, submitted to HMRC and to the Finance Bill committee, covered these points:...
FB 2015 – EIS and VCT sunset clauses
The article ‘Proposed refocusing of the enterprise investment scheme’ (Tax Adviser, May 2015) drew attention to the join...
FB 2015 – the personal allowance and the national minimum wage
Tax credits and welfare Clauses 3, 4 and 5 of the Finance Bill, which deal with the personal allowance and the national...
Tax-free childcare: delay provides opportunity for improved guidance
Tax-free childcare (TFC) was due to be implemented in October 2015 but the government announced on 1 July that implement...
Scottish rate of income tax
HMRC and the Scottish government continue with their preparations for the Scottish rate of income tax (SRIT), which will...
Work and Pensions Select Committee: pension freedom guidance and advice inquiry
LITRG has submitted written evidence to the Work and Pensions Select Committee on its inquiry into whether people are ad...
Scotland update – the Scottish rate of income tax: draft technical guidance on Scottish taxpayer status
The Scottish Rate of Income Tax: draft technical guidance on Scottish taxpayer status HMRC published their first set of ...