HMRC have issued their Agent Update for April 2016: we have summarised the key content for you with links to our detailed guidance on the topics covered.
File outstanding 2014/15 returns to avoid £10 penalties
The Low Incomes Tax Reform Group (LITRG) is urging anyone who has not yet filed their online self-assessment tax return with HMRC for the year ended 5 April 2015, to do so by the end of this month or risk being charged more money.
EC action plan: a single EU VAT area
The European Commission has now published draft legislation which will change the VAT Directive and will introduce new Mini One Stop Shops and will change the rules for distance sales.
HMRC consultation: criminal offence for corporate facilitation of tax evasion
HMRC has published a consultation: 'Tackling tax evasion: legislation and guidance for a corporate offence of failure to prevent the criminal facilitation of tax evasion'.
News: Scottish tax to diverge from the rest of the UK in 2017/18
The Scottish First Minister, Nicola Sturgeon, has set out proposals for Scottish income tax in 2017/18 which will see some taxpayers in Scotland paying higher taxes than the rest of the UK for the first time.
ABAB 'disappointed' by quarterly digital reporting
The Administrative Burdens Advisory Board (ABAB) has submitted its third Annual Report to David Gauke MP, Financial Secretary to Treasury. The news of quarterly digital reporting took it by surprise and it is disappointed at the extra burdens imposed on the self employed.
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