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
John Hayward questions whether the pensions tax regime introduced in 2006 achieved the simplification it intended
IHT debt rules and Joost Lobler lead the month's roundup of vital issues by Wendy Walton and Matthew Braithwaite
HMRC has published for comment by 27 August 2013 two sets of draft regulations specifying the types of arrangements involving the new annual tax on enveloped dwellings (ATED) which HMRC will require to be disclosed under the disclosure of tax avoidance schemes (DOTAS) rules, together with details
Scholarships to sons of company director
What’s in practitioners’ in-trays this month, with Chris Sanger, David Harkness, Christopher Groves and Daniel Lyons