The second reading of the Bill introducing the regional NICs holiday for new businesses is set to take place in the House of Commons on Tuesday, 23 November.
Tax agents are being asked to complete a short survey on the filing of individuals’ self assessment returns.
Contractors who are charged penalties for late filing of monthly returns may elect for the penalties to be re-calculated under new rules introduced by FA 2009 Sch 55 and set to take effect in October 2011, HMRC has announced.
HMRC has published explanatory memorandums to The Double Taxation Relief and International Tax Enforcement (Qatar) Order, SI 2010/241, and The Double Taxation Relief and International Tax Enforcement (Libya) Order, SI 2010/243, which bring into effect arrangements for the avoidance of double taxa
HMRC’s Stamp Taxes Bulletin for November includes items on the new penalties regime for SDLT; recent updates to guidance; how the forthcoming increase in the standard rate of VAT affects the calculation of SDLT on leases; changes in th
Treasury ministers know the difference between tax planning, tax avoidance and tax evasion, David Gauke told experts attending the ICAEW’s Hardman lecture.
Just three respondents in a Christian Aid survey of FTSE 100 companies supported new international accounting standards to require country by country reporting, but the charity has told Tax Journal that there is ‘a growing consensus’ on the need for greater transparency in tax.
The Tax Avoidance Schemes (Penalty) (Amendment) Regulations, SI 2010/2743, prescribe increased maximum daily penalties for failure to comply with certain disclosure obligations where a tax tribunal has made a disclosure order.
Details of a new Pensions Industry Stakeholder Forum, set up to help HMRC better manage its relationship with stakeholders and representative bodies, are set out in issue 42 of HMRC’s Pension Schemes Newsletter.
Smaller charities wishing to use HMRC’s free software to file corporation tax returns may continue to file the supporting accounts in PDF format instead of iXBRL format for a transitional period, HMRC has announced.