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TAX POLICY ADMINISTRATION


The financial secretary to the Treasury, Mel Stride, has confirmed in a written answer to a parliamentary question that HMRC is currently pursuing enquiries into 38 football clubs, 90 players and 13 agents, involving tax payments on offshore image rights.

HMRC has published the following:

Were services exempt under Art 135.1(g)?

Principal private residence relief and short occupation

Heather Rowlands and Gary Barnett (Simmons & Simmons) review BPP Holdings and its practical implications for the standard of conduct to be expected of HMRC and other public bodies when conducting litigation.
 
HM Treasury has launched a consultation, ‘Financing growth in innovative firms’, which proposes a new national investment fund to help young, growing businesses. Research indicates that additional venture capital investment of around £4bn a year...

The Office of Tax Simplification has published a focus paper asking for comments by 15 September on whether there is still a demand amongst businesses for disincorporation relief, which is due to expire on 31 March 2018.

HMRC has launched a new online tax forum and dedicated webchat service for small businesses and the self-employed. This is part of the government’s business tax roadmap announced at Budget 2016. Following a pilot in March 2017, HMRC says the forum now has more than 1,000 registered users.

The CIOT and ATT believe a key reason for the increase in claims by employees for unreimbursed expenses in recent years is employers’ reluctance to reimburse directly in the face of economic constraints.

The Tax Credits (Exercise of Functions in relation to Northern Ireland and Notices for Recovery of Tax Credit Overpayments) Order, SI 2017/781, allows HMRC, the DWP or the Department for Communities in Northern Ireland to recover residual tax credits debts by deduction from current payments of va

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