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This time we feature a couple of closure notice cases that also manage to link to some of our recent updates on domicile, tax relief on interest and partnership tax, as well as some of the more complex anti-avoidance rules.
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Hello
This time we feature a couple of closure notice cases that also manage to link to some of our recent updates on domicile, tax relief on interest and partnership tax, as well as some of the more complex anti-avoidance rules.
If you are about to become deemed UK domiciled under the new rules, applicable from 6 April 2017, consider carrying out some pre-year end tax planning.
The Low Income Tax Reform Group (LITRG) is urging self-employed workers with very low profits to check their National Insurance record and make up any deficiencies before voluntary contributions become more expensive for them after April 2019.
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A lot of exciting news this week, from HMRC software errors, to Brexit, to 'old school tax', and we have an Employer Update and last-minute, end-of-year checklist.
UPDATED: Don’t file your 2016/17 tax return online: you may overpay your tax. HMRC has made a specification error which is affecting many Self Assessment taxpayers. The error applies to HMRC's own product or third party software.
The government has published a White Paper 'Legislating for the United Kingdom’s withdrawal from the European Union' this explains how the Great Repeal Bill will convert the body of EU legislation into UK law and then considers options, such as imposing restraints on delegated power.
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