The Office of Tax Simplification (OTS) has published a discussion paper on the opportunities and challenges associated with the use of emerging technologies to achieve tax simplification.
The Investment Allowance and Cluster Area Allowance (Relevant Income: Tariff Receipts) Regulations, SI 2019/63, expand the definition of ‘relevant income’ eligible for the corporation tax supplementary charge investment and cluster area allowances to include tariff receipts, in addition to produc
HMRC has extended until 28 February the consultation deadline for its review of the government’s principles for taxing trusts.
HMRC has published draft guidance in appendices to the Capital Gains Manual on the extended non-resident capital gains rules from April 2019.
HMRC has added new spotlight 46 to the list of tax avoidance schemes it is investigating, concerning two recent GAAR advisory panel opinions on remunerating employees through contrived loan arrangements.