Tim Humphries answers a query on taxation of a Canadian individual taking up employment in the UK
The Social Security (Contributions) (Amendment No. 3) Regulations, SI 2013/1907, have been published.
People have until 9 August to tell HMRC about any unpaid tax on property sales, and until 6 September to pay the tax owed under the department’s property sales campaign, under a tax ‘amnesty’ HMRC introduced earlier this year.
Property purchase and sale by individual: whether trading
Valuation of property at 31 March 1982
The Life Insurance Qualifying Policies (Statement and Reporting Requirements) Regulations, SI 2013/1820, have been laid before parliament and come into force on 12 August 2013.
The following have been published:
The Individual Savings Account (Amendment No. 3) Regulations, SI 2013/1743, which come into force on 5 August 2013, extend the list of qualifying investments for a stocks and shares ISA to include company shares admitted to trading on a recognised stock exchange in the EEA.
HMRC is consulting until 28 August 2013 on draft regulations which amend the confidentiality hallmark and add a new employment income hallmark in the DOTAS regime.
As per the Authorised Investment Funds (Tax) (Amendment) Regulations, SI 2013/1772, annual payments to participants in an alternative investment fund will not be classed as qualifying annual payment under the Income Tax Act 2007, from 7 August 2013, provided they are charged to income tax under t