This month’s UK tax tidbits
The latest Employer Bulletin, Agent Update 62 and an issue briefing on simple assessment all feature.
- The latest Employer Bulletin has been published
- Agent Update 62 is available
- The list of mortgage providers and lenders who accept a SA302 tax calculation and a tax year overview updated
- HMRC have published a collection of documents on their support for mid-sized businesses
- An issue briefing on simple assessment has been published.
- Check which sports clubs are registered with HMRC as community amateur sports clubs
- Updated guidance on Extra Statutory Concessions has been published
- The guide which provides information for employers who provide benefits to be reported on form P11D has been updated
- Statistics on non-domiciled taxpayers in the UK have been published. These statistics are interesting in the context of the new deemed domicile concept in the second Finance Bill of 2017.
- HMRC’s Orchestra Tax Relief manual has been updated with a new section on the anti-avoidance provisions of the new rules.
- HMRC have published update guidance on the card transaction disclosure programme
- Updated salary sacrifice guidance for employers has been published
- The indexation allowances for July and August 2017 together with historical data are available
- An updated list of upcoming tax tribunal appeal hearings, including details of previous cases has been published
- Some interesting statistics have been published recently in the following areas:- Patent Box Reliefs Statistics, Corporate tax: Research and Development Tax Credit, Diverted Profits Tax Yield: methodological note and Transfer Pricing and Diverted Profits Tax statistics, to 2016/17
- HMRC has set up an online tax forum and webchat service to help small businesses and the self-employed with their various tax queries
- HMRC have published a new online guide which explains reporting and paying tax on payments received for use of image rights, including payments made to an image rights company. More information on image rights and how they are taxed is published in HMRC’s Employment Income Manual
- Check out the latest information on recognising genuine HMRC contact and recognising phishing emails and text
- HMRC has updated the list (List 3) of professional bodies and learned societies, approved by HMRC for the purpose of section 344 ITEPA 2003 (allowable deductions from earnings for fees and subscriptions paid to professional bodies/learned societies). The list includes all bodies approved up to October 2017