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TAX POLICY ADMINISTRATION


EIS CGT relief and income tax relief

No minimum investment under the SEIS

Theresa May’s commitment to raise NHS spending will lead to demands from other Whitehall departments for more money, and leaves Philip Hammond searching for tax hikes, David Smith reports.
 

Chris Sanger (EY) examines the recent HMRC report on the tax gap.

In its latest report on tackling online VAT fraud, the public accounts committee (PAC) suggests HMRC should seek enhancement of its powers to seize goods in fulfilment houses.

The government estimates that up to 50,000 individuals will be affected by the disguised remuneration loan charge.

The CIOT has welcomed the appointment of Kate Forbes MSP as minister for public finance and digital economy, whose remit includes tax policy, with a call to strengthen tax decision making through the introduction of annual Scottish Finance Bills.

Two new instruments extend the powers of Welsh Revenue Authority (WRA) officers to pursue money laundering investigations.

At 31 March 2018, there were over 25,000 appeals on hand in the First-tier Tribunal, the financial secretary to the Treasury, Mel Stride, has confirmed in his answer to a written parliamentary question.

HMRC has published the following:

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