Market leading insight for tax experts
View online issue

In brief: charity guidance; RTI; SRT; Italy; special scheme; Guernsey; correction

printer Mail

Updated charity guidance

HMRC has updated several areas of charity guidance. The new and updated publications include:

  • Gift Aid Small Donations Helpsheet: new helpsheet giving an overview of how the gift aid small donations scheme works;
  • Charities: annex II – non-charitable expenditure: detailed guidance notes updated; and
  • Charities: annex VIII – tainted charity donations: detailed guidance notes updated.

These can all be viewed on HMRC’s website.

In addition, HMRC announced that it no longer accepts gift aid repayment claims made on R68(i) forms, and that the charities online service must be used.

RTI for employers with expatriate employees

HMRC has updated its frequently asked questions (FAQs) on the operation of PAYE real-time information (RTI) for expatriate employees. Users of modified ‘EP appendix 5 and 6’ schemes are reminded that applications to operate the arrangements as revised for RTI must be sent to HMRC by 31 October 2013. New questions 30, 38, 48 and 49 provide further information for users of the modified schemes.

HMRC updates capital gains manual for SRT

HMRC has updated its Capital Gains Manual to include changes to its published guidance made necessary by the introduction of the statutory residence test in FA 2013.

VAT rate change in Italy

On 1 October 2013, the VAT rate in Italy increased from 21% to 22%. See HMRC’s VAT Information Sheet 12/2013: Special scheme for non-EU businesses – Italy VAT rate change from 1 October 2013, available on their website, for further information.

Exchange rates for the special scheme

HMRC has published VAT Information Sheet 13/2013: Special scheme for non-EU businesses – Exchange rates for period ending September 2013. This information sheet contains the most commonly-used currency exchange rates needed by non-EU businesses registered for the Special Scheme in the UK, when making payments to HMRC in sterling for the period ending September 2013.

Guernsey to extend income tax anti-avoidance legislation

The Guernsey government is proposing to extend to investment companies, with effect from 26 September 2013, the anti-avoidance provisions which prevent individuals ‘rolling-up’ profits in a company in order to take advantage of the tax cap on distributions from Guernsey companies.


Last week’s print edition said (p 9) that Lloyds TSB Equipment Leasing (No. 1) Ltd was due to be heard in the Court of Appeal on 28 October. We were getting ahead of ourselves. The Upper Tribunal decision came out on 14 August and there has been no appeal yet to the CA.

Issue: 1188
Categories: News