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PRIVATE CLIENT TAXES


Adviser Q&A with Simon Garrett of CMS Cameron McKenna

A public committee on the Finance Bill passed Clause 2 (personal allowance for 2013/14) without amendment on 23 April.

Taxpayers who have not filed their 2011/12 online tax return will incur a £10 daily penalty from 1 May, HMRC has warned, in addition to the initial £100 late filing penalty for missing the 31 January deadline.

Peter Vaines considers the ‘outrageously unfair’ rules at issue in the Lobler case.

Wendy Walton and Gemma Davies consider recent developments in the private client arena, including the new offshore disclosure facilities and HMRC’s managing serious defaulters programme.

‘George Osborne is finalising measures to clamp down on two of the world’s most notorious tax havens.

An updated form P85 takes account of changes to the residence rules with effect from 6 April 2013.

BDO partner expresses concern over proliferation of tax opinions ‘unlikely’ to be upheld by the courts

Austria’s finance minister demands UK government action against ‘havens for tax refugees’

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