The Qualifying Care Relief (Specified Social Care Schemes) (Amendment) Order, SI 2012/794, amends SI 2011/712 which specifies the types of social care schemes that qualify as a ‘specified social care scheme’ under ITTO
New legislation to block a ‘contrived and aggressive’ income tax avoidance scheme involving property business loss relief will protect the Exchequer from significant losses, HM Treasury said.
The Social Security (Credits) (Amendment) Regulations, SI 2012/766, make a national insurance credit available on application to people who receive
The Postal Services Act 2011 (Taxation) Regulations, SI 2012/764, are intended to provide a ‘tax neutral’ outcome on the transfer of pension rights from the Royal Mail Pen
HMRC has updated its Enterprise Investment Scheme web pages to reflect a change of address for the Small Company Enterprise Centre and some other, minor amendments.
Members of pension schemes have been urged not to be ‘taken in’ by website promotions and newspaper ads encouraging them to transfer an existing pension to a new arrangement in return for a cash payment.
The Child Support (Miscellaneous Amendments) Regulations, SI 2012/712, make several changes to child support regulations, including rules on the use of estimates when insufficient information is available regarding ear
The Individual Savings Account (Amendment) Regulations, SI 2012/705, increase the ISA annual subscription limits for 2012/13 and subsequent tax years in line with the Consumer Prices Index, as announced at Budget 2011.
Age-related tax allowances, the taxation of savings and ‘convoluted’ PAYE forms have been identified by the Office of Tax Simplification as the areas of the tax system that cause the most problems for pensioners.