Tax and benefit changes taking effect in April will amount to a ‘net takeaway’ from households, equivalent to £200 per household, on top of this month’s increase in indirect taxes which was equivalent to £480 per household on average, according to the Institute for Fiscal Studies.
Several core areas of small business taxation have been raised and debated ‘time and again’ during the recent roadshows organised by the Office of Tax Simplification.
John Cassidy on WikiLeaks and privacy
The Dormant Bank and Building Society Accounts (Tax) Regulations, SI 2011/22, have been made to ensure that the transfer of a balance in a dormant account to a ‘reclaim fund’ is ‘tax neutral’ and that operation of the unclaimed assets rules does not increase tax compliance burdens on financial in
Adam Feuerstein reviews the FATCA withholding and other US tax law changes affecting UK funds
The revised version of HMRC’s guide to Residence, Domicile and the Remittance Basis, is now available.
The Finance Act 2008, Section 39(7) (Commencement) Order, SI 2011/23, appoints 1 February 2011 as the date on which FA 2008 s 39(7), inserting TCGA 1992 s 26A (transfer of dormant bank or building society accounts to authorised reclaim
HMRC is reminding taxpayers filing a tax return online for the first time that, when they have registered for the service via www.hmrc.gov.uk/online, a user ID and an activation code will be posted to them ‘within seven working days’.
Wendy Walton on the key 2010 changes affecting private client advice, and what's ahead in 2011
Chris Thomas and Janet Hoskin identify the hot topics in employment tax for 2010