The Dormant Bank and Building Society Accounts (Tax) Regulations, SI 2011/22, have been made to ensure that the transfer of a balance in a dormant account to a ‘reclaim fund’ is ‘tax neutral’ and that operation of the unclaimed assets rules does not increase tax compliance burdens on financial in
Adam Feuerstein reviews the FATCA withholding and other US tax law changes affecting UK funds
Chris Thomas and Janet Hoskin identify the hot topics in employment tax for 2010
The Individual Savings Account (Amendment No. 2) Regulations, SI 2010/2957, reduce the maximum time allowed for the transfer of a cash ISA or part thereof to another cash ISA.
The government has issued a ‘call for evidence’ on whether early access to pension savings could provide an effective incentive for individuals to save more into a pension.
Stefano Borsi and Colin French review the impact of the provisions on venture capital schemes
John Cassidy on the clarifications to the LDF
Details of a new Pensions Industry Stakeholder Forum, set up to help HMRC better manage its relationship with stakeholders and representative bodies, are set out in issue 42 of HMRC’s Pension Schemes Newsletter.
Sarah Gabbai and Tony Stitt look at the current situation regarding the taxation of offshore funds
A new tax-free savings account for children is expected to be available by Autumn 2011.