HMRC’s stamp taxes online service will be unavailable from midnight on Friday 24 June to 7.00 am on Monday 4 July, due to a scheduled upgrade of the IT system.
HMRC are seeking views on the design of a new penalty framework to ‘modernise or align’ more than 300 civil penalties across a range of taxes.
HMRC’s consultation document ‘A new incentive for charitable legacies’ has been amended to correct an error in example 7 on page 20.
Simon Groom with your refresher guide to the rules
Helen Lethaby provides this month's update on tax issues affecting the City, including consultation resulting from Basel III, recent accounting changes, the overlooked decision in Audley and an update on the GAAR study
Responses to the consultation on measures to rebalance the Northern Ireland economy will be accepted until 1 July. The consultation paper published in March invited comments by 24 June.
Tax professionals have welcomed two government consultations on reforms designed to support innovation and productivity in the UK.
Chris Davidson is the new Head of Anti-Avoidance Group in HMRC. He replaces Sue Walton, who has been appointed Director of Central Policy.