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Tax | Government backtracks on IHT hallmark under revised DOTAS rules

In light of fierce criticism from tax advisers, accounting and law firms, as well as the Society of Trust and Estate Practitioners and the Chartered Institute of Taxation (CIOT), the government has backed down on its initial plans to include inheritance tax (IHT) within the new framework to change existing DOTAS rules governing the hallmarks describing schemes which must be disclosed

1 Feb 2016

Tax | VAT updates: February 2016

Graham Elliott, VAT expert, considers a string of cases with ramifications for UK businesses from self-accounting for VAT where UK companies import services from overseas branches post Skandia, to loss for taxpayer in Brennan over reclaiming VAT under the DIY housebuilders' scheme  and VAT supply and non-refundable airline tickets

Finance | Legal updates: February 2016

Gateley law experts on directors’ powers in Eclairs case, deed validity in Amstrong, Companies House filing guidance clarified in light of Taylor & Sons Limited and impact of Griffiths decision in employment appeal tribunal

Tax | Tax data: February 2016

Download the HMRC CGT indexation allowance for October 2015, RPI Index for December 2015 and HMRC rates of interest, stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) rates, and more

Tax | Tax filing deadlines: Feb - Jul 2016

The key HMRC filing deadlines including PAYE cheque payment dates, forms P46(Car), employment intermediary’s quarterly reporting of agency workers paid gross and auto enrolment deadlines for small and micro businesses

Tax | Consultations: Feb-Mar 2016

A roundup of ongoing consultations from HMRC and the Treasury, including detailed plans for the higher rate SDLT surcharge for buy-to-let landlords and the ramifications for those owning 15 properties or more, plans to tighten up company distribution rules, abolition of Class 4 NICs, review of DITMOs and Gift Aid small donations scheme
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