Changes announced by HMRC to Capital Gains Tax (CGT) are likely to have a significant impact upon everyday tax-planning transactions between spouses, according to ... Continue Reading
A quick guide to recent additions to the HM Revenue & Customs website. Week ending 30 MarchWhat’s new?Self Assessment drafts timetable available for ... Continue Reading
Finance Bill 2007, which runs to 113 clauses and 27 Schedules, and enacts many of the Budget measures announced on 21st March, has been published.Commenting ... Continue Reading
HMRC have published additional guidance regarding the authorisation of multiple and specialist agents.Following the revision to the form 64-8 (Agent authorisation) ... Continue Reading
HMRC have published Brief 29/07 which confirms that charities that have obtained zero-rating for their new buildings or construction services under Extra Statutory ... Continue Reading
HMRC have confirmed that gifts by parents and grandparents to children under 18 will not be subject to a new inheritance tax charge.The uncertainties concerning ... Continue Reading
A quick guide to recent additions to the HM Revenue & Customs website.Week ending 23 MarchWhat’s new?Guidance entitled Disclosure of national Insurance ... Continue Reading
The Low Incomes Tax Reform Group (LITRG) of the Chartered Institute of Taxation has expressed mixed concerns over the announcements made in the 2007 Budget in relation ... Continue Reading
The Income Tax Act 2007 (ITA 2007), received Royal Assent on 20 March 2007 and takes effect from 6 April 2007.The Act covers:basic provisions about the charge ... Continue Reading
Gordon Brown delivered his eleventh, and probably his last, Budget Statement yesterday (21st March). Experts throughout the tax profession have largely commented ... Continue Reading
