HMRC have published a response to their consultation earlier this year on ‘Part surrenders and part assignments of life insurance policies’.
SME Tax News
The Office of Tax Simplification have published a paper ‘Focus on the ‘Gig’ economy: What does it mean in terms of tax.’
The Office of Tax Simplification (OTS) have published terms of reference for their reviews ‘Stamp duty: review of remaining paper duty on shares etc.’ and ‘VAT General Simplification Review’.
HMRC have published a new guidance note 'Your personal tax account'.
The Scottish parliament has confirmed the tax rates applicable for 2017/18.
HMRC have updated their guidance ‘Money Laundering Regulations: business inspections’.
In James Allan Thornton v HMRC [2016] UKFTT 767 the First Tier Tribunal (FTT) concluded that a dilapidation compensation payment made to a landlord was a capital, not an income, receipt.
HMRC have published a response document ‘Abolishing Class 2 and reforming Class 4 National Insurance Contributions’ following an earlier consultation.