HMRC have announced details of arrangements enabling investors with offshore accounts to disclose any income and gains not previously included in their tax returns.HMRC ... Continue Reading
A quick guide to recent additions to the HM Revenue & Customs website.Week ending 13 AprilWhat’s new?New infomration concerning Managed Service Companies;Updated ... Continue Reading
The tax credit regulations have been amended with effect from 6 April 2007 to remove entitlement to Working Tax Credit (WTC) from those serving a custodial sentence. ... Continue Reading
Further to the introduction of new anti-avoidance rules to tackle carousel fraud, HMRC have published Brief 36/07, which gives details of a revised Statement of ... Continue Reading
HMRC have published details of the new Income Tax Act 2007 (ITA), which came into force on 6 April 2007.ITA rewrites most of the remaining income tax provisions ... Continue Reading
All contractors and subcontractors in the construction industry are obliged to comply with the rules governing the new Construction Industry Scheme (CIS), which ... Continue Reading
According to HMRC “production issues” have caused delays in sending out self-assessment tax returns this year. However, there will be no corresponding ... Continue Reading
HMRC have issued a statement reminding some 1.7 million small employers to send their 2006/07 PAYE End of Year returns online to receive a £150 tax-free ... Continue Reading
HMRC have published Brief 33/07 entitled Seafarers' Earnings Deduction - New information requirement for tax returns for the year ended 5 April 2007.For tax ... Continue Reading
Regulations have been published, which ensure that payments to employees involving employment-related securities are treated as earnings for NIC purposes.The Social ... Continue Reading
