HMRC has issued a briefing note outlining how, from the end of May, it will start to use real time PAYE information already held within its systems to calculate in-year whether individuals are paying the correct amount of tax.
In the April edition of its Trusts and estates newsletter, HMRC has said it intends to write to all taxpayers known to have entered into arrangements under which trustees make loans to surviving spouses linked to the retail prices index.
The draft Major Sporting Events (Income Tax Exemption) Regulations 2017 will provide for an income tax exemption for overseas players and officials (including UK residents in the overseas part of a split year) taking part in the UEFA Champions League final in Cardiff on 3 June 2017.
HMRC has published guidance on the withdrawal and grandfathering of the extra-statutory concession on the remuneration of sub-postmasters, set out at BIM 66301.
HMRC has published the following:
Commercial motive not sufficient for deduction of input tax
Was a golf club a non-profit making body?