Inheritance Tax has been called an ‘optional tax’ by some, though latest figures revealed that £5.1bn of IHT was collected in the year ended 31 May 2017.
SME Tax News
HMRC have issued their Agent Update for June / July 2017. We have summarised the key content for you with links to our detailed guidance on the topics covered.
HMRC have announced an extension in time for the completion of complex disclosures under the Worldwide Disclosure facility.
Public authorities have started receiving student loan notifications and messages from HMRC’s Generic Notification Service (GNS) about a failure to deduct repayments from workers caught under the revised IR35 rules.
HMRC have a new online form for companies acting as subcontractors who need to reclaim CIS tax.
HMRC have published their Employer Bulletin for June 2017. We summarise the key content for you, with links to our detailed guidance on the topics covered.
HMRC cancels daily penalties for Non-Resident Capital Gains Tax (NRCGT) Returns.
Recent spate of cyber attacks across Ukraine may have come from what appeared to be regular updates to tax software according to some leading software experts.
HMRC has recently updated its non-statutory clearances pages to provide more details on the transactions for which it will not provide a clearance service. These include: