8.48m (up from 7.93m last year) returns were filed online by 31 January 2014. This represents 84.5% of all returns received – a record-breaking percentage.
Taxpayers who did not file their personal tax return on time, because they had not allowed enough time to receive their ID, password and activation code from HMRC, may be able to avoid a penalty.
Following the decision of the CJEU in PPG Holdings BV (C-26/12), HMRC has confirmed that it now accepts that services received by a pension fund, which go further than the management of investments, can be general costs.
‘The CBI urged the government to pilot a tax incentive to encourage retail investors to hold shares for at least five years. It also launched an online tool to help businesses find the right type of finance.
CGT: allowable expenditure on shares
Stock lending arrangements and manufactured dividends
Wendy Walton and Miranda Chamberlain sift through the draft Finance Bill measures affecting the taxation of private clients
HMRC has revised extra statutory concession D33 with effect from 27 January.
Availability of business property relief
Principal residence relief: had a dwelling become settled property?